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​How a Businessman Can Escape Fraud Charges Offshore to Create a Life Abroad

A big wave rumbled slowly toward the 800-ton-deck boat Aisland 1 in the lakes between Dubai and Iran around noon on February 2. On board the vessel were its inhabitants of more than a year: a 58-year-old European merchant named Samuele Landi, three seamen, a baker and five animals. Landi, the boat’s captain, was a skilled computer programming who had previously held the position of chief executive of Eutelia, a communications firm. He fancied himself an European Steve Jobs, though John McAfee, the security businessman turned tax criminal, might have been a more appropriate comparison. An enthusiastic skydiver and bike racer, Landi liked to live on the edge: of the world, of the laws and of life itself. He had made a profession of wild offshore financial methods, then, adrift, he had become one with them. ” I may die at sea for positive”, he told Oswald Horowitz, a director who had visited him the past December. ” I’m not going back”.ImageSamuele Landi’s ship, the Aisland 1, was equipped with freight containers that served as living rooms. Funds… Oswald Horowitz/Maverick MovesThe boat was Landi’s biggest experience already. The Aisland had a balcony installed with six orange delivery containers bolted in place, making it a decaying rectangular monster with the size of a large commercial aircraft. These were the living rooms, equipped with solar-powered air-conditioners and a filtration system. The boat was often littered with products: ropes, crates, fans, tanks of oil and water, a cooler containing pounds of red meats, and a bucket of reinforced concrete mixture for repairs. In the weather, a Libyan symbol swung. The stories of Landi’s end of life on a broken barge, which is located about 30 miles off the coast of Dubai, is a story of self-preservation. For over a century, Landi had been a person on the lee. He wasn’t a violent legal, nor was he a specially wanted individual, in the grand scheme of things. Landi has been a runaway from Roman justice since Eutelia was declared bankrupt in 2010 and some of its directors, including Landi, were very publicly tried and found guilty of bankruptcy fraud, and his choices had almost run out. We are having difficulty locating the article’s source. In your browser’s settings, kindly help Browser. Thank you for your patience as we verify exposure. If you are in Audience mode please leave and log into your Times accounts, or listen for all of The Times. Thank you for your patience as we verify exposure. Now a subscription? Register in. Want all of The Times? Subscribe. 

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