Offshore Alert review: Fraud, cheating, misrepresentation 17

I am David Marchant, Publisher of OffshoreAlert.

I will go through this silly complaint sentence by sentence.

Re. "The publisher of the Offshore Alert Newsletter, David Marchant, claims to be a journalist exposing wrong-doers, when in fact he is TOTAL FRAUD himself."

I am indeed a journalist, trained and certified by the National Council for the Training of Journalists (http://www.nctj.com), which is the most widely recognized and industry standard training organization for journalists in the United Kingdom.

Re. "I signed up/paid to receive his newsletter (yes, me and about 25 other people, total) only to find out that Mr. Marchant makes up crap about successful businessmen and organizations, seemingly to make their lives difficult."

In over 14 years of continuous publication, no-one has ever complained to me or my staff about OffshoreAlert 'making up crap'. We have also never had 25 people or anywhere near this number sign up as a group. Please email me your name to marchant@offshorealert.com and I will provide you with a full refund once I verify that you were or are a subscriber. Additionally, provide me with evidence of any false information published in OffshoreAlert newsletter and, once I am satisfied it is false, it will be corrected or removed.

Re. "As it turns out Mr. Marchant is not educated, is not a journalist, has never kept a job for any meaningful amount of time, is being sued by dozens of people and he lives with his mother - not that there is anything wrong with that."

Wow! Where to start? I was educated at Monmouth Comprehensive School, in Monmouth, Gwent, Wales; Monmouth School (a highly-respected private school), also in Monmouth, Wales; and at South Glamorgan Institute for Higher Education, also in Wales, where I undertook a training program run by the National Council for the Training of Journalists. My work experience, including names of employers and years worked there, is detailed on my LinkedIn profile, which can be viewed at http://www.linkedin.com/profile/edit?trk=hb_tab_pro_top. I've held my current job since 1996. I am not being sued by "dozens of people" and I do not "live with my mother" (I haven't even lived in the same country or even on the same continent as my mother for the last 21 years). She lives in England, I live in the USA. am indeed educated.

Re. "When I conformed [sic] him about some things he wrote that I knew for a fact were incorrect - he started yelling. He was clearly fearful that I would expose him!"

In the real world, no such conversation took place. The poster has simply invented this.

Generally, OffshoreAlert (www.offshorealert.com) specializes in exposing the type of liar and fraudster who posted this message (anonymously, meaning you can add 'coward' to the description). I and/or my Florida-based company have been sued several times for libel and never lost, i.e. we have never published a correction or apology or paid one cent in legal fees or costs to the plaintiffs. The first person to sue for libel, Marc Harris, is now currently serving 17 years in federal prison in the USA after being convicted of tax fraud and money laundering. Four officers with another group to sue for libel subsequently pleaded guilty to money laundering at federal court in Oregon. Another group who sued me for libel ... well, I could go on but I'm sure you get the picture by now.

I and my company currently have one lawsuit currently on-the-go, brought by Roland Bleyer, a.k.a. Roland Husner, in March, 2011 at Miami-Dade Circuit Court, in Florida. You can verify this by going to http://www2.miami-dadeclerk.com/civil/Search.aspx and searching for 'Bleyer, Roalnd'. Mr. Bleyer/Husner has not had much success in libel actions, having previously brought one in Australia against a television journalist. Mr. Bleyer lost the action in 1989 after a jury trial. The Sun Herald in Sydney published an entertaining and informative article about the colorful case on July 9, 1989.

Is the 'complaint' about me and OffshoreAlert on this message board linked to the libel action? It's anyone's guess.

David Marchant
Publisher, OffshoreAlert
123 SE 3rd Avenue, Miami, FL 33131, USA
Tel.: [protected]
Email: editor@offshorealert.com

I am wondering about the motive for the complaint. Is this TimF his correct name? what is his name and address? what is the nature of his background? Has the offshore alert "stepped on his toes"? Is he related to some other outfit? in other words, why is there the complaint and why did he make this?

The person who posted the original message immediately posted a response to his or her complaint stating that "I agree" (with the complaint). You have to be pretty stupid to pretend to be two people for the purpose of posting messages here while, at the same time, using just one username.

Having subscribed to the Offshore Alert a few years ago, I found it to be a poorly written gossip rag filled with innuendo and rumor mongering. People in the industry only subscribed to it to see if Mr. Marchant had targeted them. He prides himself on being a "pitbull", but most of the people in the industry who have dealt with him know him to be more of a "jack-###." He will knowingly print false allegations because someone else told it to him. He will state, "it was alleged..." Even when he knows the source to be lying or inaccurate. In this way he is like many other journalists. He never lets the truth get in the way of a good story.

If you had indeed subscribed to my firm's newsletter, you would know that it is not called "the Offshore Alert" but is actually called "OffshoreAlert".

Of course, it is obvious that you have never been a subscriber and that you are almost certainly someone whose dishonesty has been exposed in the newsletter, which has had an impact on your ability to defraud new victims, hence your ire towards me and OffshoreAlert. Your criticism is is the sincerest form of flattery.

Re. "He will knowingly print false allegations because someone else told it to him ... Even when he knows the source to be lying or inaccurate."

If the above is true (which it isn't), it should be easy for you to provide just one specific example as evidence.

Oh, examples? I'm glad you asked.

First, let me say that claiming that I must not have been a subscriber because I called your newsletter the Offshore Alert instead of your oh so clever OffshoreAlert (without a space) just proves your lack of logic. You may find this hard to believe, but the exact name of your rag is not that important to anyone apart from yourself, and I mentioned that it has been some years.

You also seemed to miss the original poster's comments, "I signed up/paid to receive his newsletter (yes, me and about 25 other people, total)" He wasn't claiming that he signed up with 25 people. He was claiming that there are probably a total of 25 people who have been suckered into subscribing to your utterly useless newsletter. For one schooled in journalism, you probably should have caught that.

ONE GREAT EXAMPLE is your attack on "The Oxford Club" to whose newsletter I subscribed for years. They actually do investigative journalism and provide insights. Granted, I don't agree with everything they say, but I believe they have journalistic integrity. Your report on them was mostly lifted from Barron's right?

ANOTHER EXAMPLE is your attack on ecombahamas. There is a long pdf file expose on this typical Marchant hit-piece that can be found with a simple google search on the name David Marchant. The pdf seems to be hosted on your website, but claims you lie on the telephone, exaggerate in your stories, engage in fraudulent misrepresentation, engage in fraudulent baiting, assume different identities to get stories -- any stories. Anyone thinking about subscribing to your newsletter should definitely read this first. For the same price as your newsletter you could receive the Oxford Club, many other Agora financial publications, Forbes, Fortune, Barron's, Investor's Business Daily, and still have change left over. And these publications employ ACTUAL journalists.

You do not even know anything about the offshore world. You grew up in Wales and live in Florida? You probably bank at Bank of America. I'm certain you are not worried about tax minimization because the $30, 000 you are pulling down from your newsletter doesn't exactly put you in the top tax bracket. However, for successful people who are tired of paying 50% of their income in taxes and who would like to utilize some of the same strategies Google, GE, and other Fortune 500 companies use, going offshore in some capacity is an important consideration.

I have empathy with your stated goals. There are many crooks and charlatans in the offshore world, but you seem to cast aspersions on anyone who attempts to help people legally take advantage of the offshore world. In doing so, you are perpetrating another scam. You are the SCAM ARTIST peddling fear. And for those who actually work in the offshore arena, you are the unfortunate butt of many jokes.

The first poster is a liar (and stupid), as evidenced by the fact that he/she immediately posted a response to his/her original message while pretending to be someone else, without even having the common sense to post the reply under a different username.

Re. The Oxford Club: "Your report on them was mostly lifted from Barron's, right?" Er ... no. It is actually the opposite. OffshoreAlert exposed The Oxford Club on September 30, 1998 (search for 'oxford club' in Story Library at www.offshorealert.com) and Barron's followed up our article on January 18, 1999 (see http://online.barrons.com/article/SB916459929594542000.html).

Re. Ecombahamas.com. Yes you downloaded that pdf file from OffshoreAlert's web-site, where I make it available because the document is so absurd. OffshoreAlert exposed ecombahamas.com, which was conducting an illegal securities offering in the Bahamas The author of this childish tirade against OffshoreAlert is John Hillok Kumpunen, of Canada, who was involved in the illegal offering. Anoter participant in the offering was Banakor Swisse, a now-defunct group which is run by a convicted criminal, Joseph Castiglione, who was convicted of bank fraud in the USA and was banned as a company director in the UK.

It is very revealing that your comments about The Oxford Club and ecombahamas.com appear to be based solely on a single document posted by someone who was involved in an illegal securities offering.

Re. "You do not even know anything about the offshore world." Er ... I lived in one of the world's biggest offshore financial centers (Bermuda) from 1990 to 1996 and OffshoreAlert has been continuously publishing about OFCs for the last 15 years and has held nine conferences about OFCs.

David Marchant IS a" journalist". I say that with conviction because all you need to do to qualify as a journalist in this country is to publish a "newsletter" on the web. There is no necessity to study, there are no exams, no criteria, no checks and balances... and short of a law suit for libel, there is no recourse to address the crap a "journalist" can publish. Marchant is one of those people who thinks free speech is the proverbial ability to yell "fire" He does that a LOT by twisting words, and absent that potential - he is quite adept at simply making up information

Mr Marchant does not have an office in MIami - that is a figment of his imagination. The address he provides is a re-mail address in Miami. He actually lives somewhere else. If you would like his home address and phone number I can provide it.

He visits blogs and logs comments under assumed names. This can easily be confirmed by looking at the IP addresses that are attached to his postings. We have identified several"personas" that can be attributed to Mr, Marchant. The earlier poster is correct. He will pretend to be someone else, post false information on a blog, then skulk back into the shadows and hide behind his false address and call-forwarded telephone.

Mr Marchant does not understand the difference between reporting the news and "persuing a vendetta" Once he decided someone is "evil" he feels justified in doing anything, including things which are underhanded, sleazy and illegal, to bring them to "justice". That would be "his justice"

If anyone is interested, we have photos of where he actually lives and works because although he thinks he is clever in hiding his tracks - he leaves a trail of slime. If your goal is to serve him with court documents - we will be pleased to help.

Meanwhile - do NOT believe anything this cretin says or writes.

JRBAILEY

Re. "David Marchant IS a" journalist". I say that with conviction because all you need to do to qualify as a journalist in this country is to publish a "newsletter" on the web. There is no necessity to study, there are no exams, no criteria, no checks and balances..."

In reality ... I am a qualified journalist, passing several examinations to obtain a qualification by the National Council for the Training of Journalists, which is the standard training body for journalists in the United Kingdom. This can be easily checked with the NCTJ.

Re. "Mr Marchant does not have an office in MIami - that is a figment of his imagination. The address he provides is a re-mail address in Miami."

In reality ... OffshoreAlert does indeed have an office in Miami.

Re. "He visits blogs and logs comments under assumed names. This can easily be confirmed by looking at the IP addresses that are attached to his postings. We have identified several"personas" that can be attributed to Mr, Marchant."

In reality ... All of the postings I make on message boards are under my own name, like this one. Ironically, the person who has accused me - "JRBailey" - has posted here anonymously using, I'm sure, an assumed name. Also, it is inconceivable that "JRBailey" has access to the IP addresses of any postings I have made anywhere, rendering his criticism worthless.

Re. "Mr Marchant does not understand the difference between reporting the news and "persuing a vendetta" Once he decided someone is "evil" he feels justified in doing anything, including things which are underhanded, sleazy and illegal ..."

In reality ... I and/or my company have been sued several times for libel in the USA, Canada, Grenada, Panama and the Cayman Islands and have never lost, never paid a cent in fees, costs or damages to any plaintiff and never published an apology or a retraction to any plaintiff.

Re. "If anyone is interested, we have photos of where he actually lives and works because although he thinks he is clever in hiding his tracks - he leaves a trail of slime."

Please post links to them here or email them to me at marchant@offshorealert.com. I could do with a good laugh.

Re. "If your goal is to serve him with court documents - we will be pleased to help."

Why would anyone need your help to serve me? Anyone can find my company's address for legal service by going to the Florida Division of Corporations' web-site at www.sunbiz.org and searching for KYC News, Inc. or OffshoreAlert.

Re. "Meanwhile - do NOT believe anything this cretin says or writes."

Except if you are a judge ruling on a libel action brought against us!

"A common misconception is that one who directly quotes a statement containing libelous allegations is immune from suit so long as the quoted statement was actually made, accurately transcribed and clearly attributed to the original speaker. This is not so. In fact, the common law principle is just the opposite - a republisher of a libel is generally considered just as responsible for the libel as the original speaker. That you were simply an accurate conduit for the statement of another is no defense to a libel claim."Associated Press - Legal Principles for Publication

• Liability for republication: the 'conduit' fallacy

A common misconception is that one who directly quotes a statement containing libelous allegations is immune from suit so long as the quoted statement was actually made, accurately transcribed and clearly attributed to the original speaker. This is not so. In fact, the common law principle is just the opposite - a republisher of a libel is generally considered just as responsible for the libel as the original speaker. That you were simply an accurate conduit for the statement of another is no defense to a libel claim.

Associated Press - Legal Principles for Publication

What is the point of your posting, other than to demonstrate that you know how to copy and paste (in duplicate, no less)?

I was trained as a journalist by the National Association for the Training of Journalists in the United Kingdom and I'm well aware of libel laws in various jurisdictions.

The proof of that is that I've successfully defended every libel action that has ever been brought against me or OffshoreAlert.

The publisher of this OffshoreAleret is often neutral in his statements and positions, however, in many cases is is knowingly evident violator of several laws and falsely supports wrong acts, he also falsely believes that can win all legal proceeding against his company and him personally, including certain libel, defamation law suits. Major law firm and District Attorney office in Miami will challenge him in serious legal proceeding. He will not always win and he deserves in certain legal cases to be legally prosecuted. Over 20 independent blogs will get him proper and strong negative reputation.

Well I for one was thrilled to see David Marchant's reporting on Roland Bleyer. I have been waiting years to see karma catch up with him. I have known about his fraudulent dealings years ago and tried to press charges on him when he lived in Beverly Hills. So I applaud you David for exposing these people.

The defamation filed against me and my firm, OffshoreAlert, by Roland Bleyer, a.k.a. Roland Husner, at state court in Miami was dismissed on or around December 18th, 2015.

Despite setting up a web-site in which he led visitors to believe that he was pursuing the complaint to completion and was simply "waiting for a date" from the court, the reality was that Bleyer never meaningfully pursued the action. He simply brought it, took my deposition and then abandoned the action.

David Marchant

Re. "RESOLVED: The complaint has been investigated and resolved to the customer’s satisfaction." What rubbish and this is proof that the ComplaintsBoard itself is a scam. This complaint has not been "investigated" by the ComplaintsBoard and it most certainly hasn't been "resolved to the customer's satisfaction". David Marchant, Founder & Owner of OffshoreAlert.

David merchant the owner of KYC news Inc dba offshore alter refuses to remove incorrect information or update his site to report dismissed cases. The site is full of inaccuracies and false information.