Antigua - Reckless Endangerment

It never ceases to amaze real investors why respected organisations trot out the so-called "Doing Business" type reports, which contain soothing words of comfort that mask a nation's potential suitability for foreign direct investment.

If you ask the thousands of small inexperienced private and corporate Stanford investors, who lost billions, many will say they invested there because Antigua is ranked highly as a former British Colony with all of the seemingly right laws in place, it is a pleasant country and its people are, in the main, peaceful and friendly.

These investors have been sold on the country because it was a nice tourist destination and not a well-considered place to invest, what were often their life savings.