ACT I: Trustworthy Scams and Offshore Shams

Scene 1: The Apprentice

Christ Johann Collenberg (CJC), is a former bank apprentice who's not licensed as an attorney, accountant, auditor, securities broker, investment advisor, wealth manager, trustee or fiduciary. This lack of licensing and regulatory oversight allows CJC to maneuver around civil and criminal laws in most international jurisdictions.

Scene 2: SPIN Doctors

CJC was the chairman of swisspartners Wealth Services AG in Zurich, swisspartners Versicherung AG in Lichtenstein and swisspartners Insurance Company SPC, Ltd. in the Cayman Islands, that sold tax evasion scams via Private Placement Life Insurance, or "Wrappers". So successful was swisspartners, that it was crowned "King of the Wrappers".

Scene 3: Trustworthy Scams

The pitch for swisspartners' criminal racket was "Wealth Management" services that sold "asset structuring" and "tax and estate planning" as cover for tax evasion scams. Many of swisspartners' clients learned that, "We will take you farther" really meant "farther away offshore, where you'll lose control".

Scene 4: Offshore Shams

CJC specializes in creating offshore companies, trusts and foundations, from Panama to the British Virgin Islands. The main purpose of such offshore sham entities is to avoid or evade taxes and to hide assets from international tax authorities, criminal prosecutors, creditors, asset recovery firms, private investigators, litigators and defrauded victims.

Scene 5: The Scheme

Tony Defries lost $22M with swisspartners' Cayman based insurance scam that paid his swisspartners' life insurance annuity.

Scene 6: True Confessions

When the going got hot, swisspartners' front man approached the U.S. Department of Justice (DOJ), and confessed to helping its clients evade U.S. taxes. Said front man was tried, then ultimately convicted by the Federal Supreme Court of Switzerland, for violating Article 271 (Espionage), of the Swiss Criminal Code.

Scene 7: The Lead In

CJC's swisspartners followed the lead of Lichtensteinische Landesbank (LLB), which profited from, then turned in 200 of its U.S. clients that LLB helped to violate U.S. law.

Scene 8: The Handoff

As part of its deal to avoid criminal prosecution, swisspartners "handed" over 110 U.S. clients to the DOJ. These were clients that CJC et al's "trustworthy hands" helped to evade U.S. taxes. The swisspartners entities that CJC was the chairman of, are still on the IRS blacklist of "Foreign Financial Institutions or Facilitators".

Scene 9: Wash, Rinse, Repeat

swisspartners' criminal tax evasion scams had U.S. clients making bulk deposits of cash into Caribbean branches of Swiss banks. To avoid IRS detection, these funds would then be transferred via swisspartners' intermediary accounts, to "undeclared" bank accounts in Hong Kong.

Scene 10: Vanuatu?

Vanuatu is a shady offshore haven where CJC and associates set up and ran the sham "Cicladian Trust" that "upon information and belief", received fraudulent transfers of more than $50M, much of it embezzled from the Muse family.

Scene 11: The Abyss

In 2018, CJC and swisspartners were pursued for the fraudulent transfers that vanished into the Cicladian abyss, in preceding years.

Scene 12: No Crimes?

In its 2014 DOJ agreement, swisspartners was legally bound for the next three years, to "commit no crimes whatsoever" and to "truthfully and completely disclose all information with respect to the activities of the Swisspartners Group, its officers and employees".