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Canada Student Loan Service Provider, Finastra

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    Posted: 03/February/2021 at 12:43am

Owner of the Canada Student Loan Service Provider Engaged In Tax Crime in the U.S.

 

Inside Gist On How Robert Frederick Smith Founded Vista Equity and How Much  Wealth He Has Accumulated

 

Owner of Finastra and Vista Equity Partners whose CEO is American billionaire Robert Smith, assumed control of the Canada Student Loan Service Provider inside the National Student Loan Service Center (NSLSC) in 2017.

 Vista EP purchased the prior service provider put up for sale, DH Limited Partnership, with little acknowledgment of the change by the Canadian Government of the negative impact this would have on Canadian students and taxpayers. With the lack of transparency surrounding the Student Loan contract, it begs the question; is the Canadian Government complicit?

 “Smith, whose code name was “Steelhead,” according to prosecutors, has admitted to hiding profits in offshore accounts and filing false tax returns for 10 years. He is cooperating with investigators and faces no charges. But his complicity in the alleged tax crimes has stunned the many who had seen a role model in the charismatic 57-year-old entrepreneur, often ranked as the wealthiest Black person in the United States.

These two sides of Smith — the impressive generosity on one and the admitted tax evasion on the other — may be hard to reconcile. But they are inextricable, according to documents reviewed by The Washington Post, including charity filings with tax authorities and Justice Department court filings.”

 Robert Smith, of Vista Equity Partners and Finastra, Tax Crimes

https://www.washingtonpost.com/business/2020/11/09/smith-brockman-tax-evasion/

Finastra Registration In Cayman Islands 

https://find-and-update.company-information.service.gov.uk/company/FC034398

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Joined: 05/November/2003
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 20/March/2021 at 8:10am
Canadian students and taxpayers should be furious about this. But, the media is silent even though they are aware. Keeping Canadians in the dark is how scandals flourish. 

 

Finastra – The Imposter In Canada’s National Student Loan Service Center

"How does a foreign company owned by a billionaire who has committed tax crimes against the U.S. government just walk in and take over a government program in Canada without any oversight, and with no notice to the Canadian public? Creating clouds of secrecy and confusion seem to be the objective of the Canadian government and the foreign tax havened Finastra with its grip on the Canada Student Loans Program ... "




Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

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