Loophole for All / Paolo Cirio (IT/US)
Art, activism and investigative journalism are what went into making Paolo Cirio’s “Loophole for All.” This project’s attention is focused on the Cayman Islands, the world’s fifth largest financial center and offshore tax haven. Paolo Cirio has stolen the identities of 200,000 companies registered here and is offering them for sale on his website www.loophole4all.com. What makes it possible is that registration in this Caribbean paradise can be done totally anonymously. So anyone can acquire a certificate that sets him or her up with the identity of a real company and thereby provides entrée to the financial world of the Caymans.
credit: Paolo Cirio
Loophole for All / Paolo Cirio (IT/US)
Art, activism and investigative journalism are what went into making Paolo Cirio’s “Loophole for All.” This project’s attention is focused on the Cayman Islands, the world’s fifth largest financial center and offshore tax haven. Paolo Cirio has stolen the identities of 200,000 companies registered here and is offering them for sale on his website www.loophole4all.com. What makes it possible is that registration in this Caribbean paradise can be done totally anonymously. So anyone can acquire a certificate that sets him or her up with the identity of a real company and thereby provides entrée to the financial world of the Caymans.
credit: Paolo Cirio