Welcome to the Jungle, Watch Your Back: Fraud, Cons, and Schemes in Latin America
Imagine this. You run a small but successful lending business in a Latin American country. Most of your clients are foreigners who own real property through corporations. One day, polished attorneys arrive at your door seeking loans on behalf of their overseas clients. Everything seems to check out and all the appropriate documents are notarized. "Our clients," they explain, "are based overseas and too busy to travel here. Since we are already registered agents for their comp