{"id":966196,"date":"2026-05-17T07:58:29","date_gmt":"2026-05-17T07:58:29","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/966196\/"},"modified":"2026-05-17T07:58:29","modified_gmt":"2026-05-17T07:58:29","slug":"iain-clifford-stamps-600m-us-tax-fraud-and-its-3000-victims","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/966196\/","title":{"rendered":"Iain Clifford Stamp\u2019s $600m US tax fraud and its 3,000 victims"},"content":{"rendered":"

Iain Clifford Stamp told his followers the IRS owed them millions. Not because they had paid US tax, or because they had US investments. But because they had once signed mortgages, loans and credit-card agreements here in the UK. <\/p>\n

Stamp says his organisation filed claims for 3,000 people, worth $600 million. The IRS froze the money. Stamp now says that was our fault \u2014 and says he will sue us for $120 million.<\/p>\n

Stamp is a British fugitive, currently in Northern Cyprus, sentenced to 12 months\u2019 imprisonment for contempt of court<\/a> after refusing to comply with FCA proceedings. <\/p>\n

He previously ran Matrix Freedom, a mortgage-elimination scheme which failed catastrophically at the High Court. The scheme was described as showing \u201cevery appearance of deceit, of abuse and contempt of court\u201d, and left hundreds of Stamp\u2019s \u201cclients\u201d thousands of pounds out of pocket and often in default on their mortgages.<\/p>\n

The latest scheme has created thousands more victims, who\u2019ve paid large fees to Stamp, in return for becoming unwitting participants in a US tax fraud.<\/p>\n

The claims of free millions<\/p>\n

The man in this video claims that everybody \u2013 in the UK and across the world \u2013 is owed huge tax refunds from the United States tax authority, the Internal Revenue Service (IRS):<\/p>\n

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\u201cDid you know that you are actually owed back taxes on every mortgage, every loan, and every credit card you\u2019ve ever had, going back to the age of 18?<\/p>\n

Think about that for a second. I\u2019m 56 years old. That means I\u2019m owed back taxes going back 38 years. The longer you\u2019ve had those loans, credit cards, and mortgages, the more tax you\u2019re owed. So imagine getting all of that back in one lump sum. How life-changing would that be?<\/p>\n

Before you assume this sounds too good to be true or some kind of loophole, it\u2019s not. This is lawful. This is legal. All the elites and wealthy people of the world know exactly how to do this. I guarantee they\u2019re doing it every single year.\u201d<\/p>\n<\/blockquote>\n

The video is part of a sovereign citizen movement led by a man called Iain Clifford Stamp, currently living in Northern Cyprus as a fugitive following a UK conviction<\/a> for contempt of court.<\/p>\n

Stamp charges his followers thousands of pounds in \u201cdonations<\/a>\u201d to make these claims, and says<\/a> the average is between two and three million dollars, and over your lifetime you could claim $100m:<\/p>\n

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Well, my final thoughts are based on those that are already doing this, about the average is around somewhere between two and three million dollars is what you can recoup of taxes.<\/p>\n

\u2026<\/p>\n

So if you\u2019re if you\u2019ve got another 20, 30 years on the monopoly board, then or maybe 40 years, 50 years, however many years you\u2019ve got to play the play the game out and multiply that two to three million by how many years left? <\/p>\n

\u2026<\/p>\n

It could be for a lot of people, it could be over $100 million that we\u2019re talking about.<\/p>\n<\/blockquote>\n

Stamp says his \u201cRepublic of Old Souls\u201d organisation made claims in 2025 totalling $600m:<\/p>\n

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\u201cWell, in 2025, we had IRS confirmed wages and tax transfers in excess of $600 million, and those recoupments were due to be funded to our membership between September of 2025 and now.\u201d<\/p>\n<\/blockquote>\n

And here\u2019s Stamp\u2019s explanation for why it works:<\/p>\n

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\u201cYou see, the birth certificate construct, an artificial player piece acting as a banker under the Bills of Exchange Act 1882 has made a deposit of energy.<\/p>\n

The signature is the conduit of the energy transfer from the living man or woman through the birth certificate construct, a banker that is making a deposit, issuing a security promise to pay in the future that has no entitlement, no lawful standing to recoup that signature energy back to the birth certificate construct.<\/p>\n

So if you\u2019re going to recoup abandoned signature credit energy, which is taxes, you have to put a new piece on the monopoly board that is clean, that can operate as a nominee, as it says in the IRS Publication 1212. And if that entity, which is an artificial entity as a grantor trust, files a 1099-OID, it is making a claim that the signature, the creator of the signature, the living man-woman is the true beneficiary of the taxes that are being paid, at the moment, to the United States Treasury. On their ledgers, they are keeping those taxes.\u201d<\/p>\n<\/blockquote>\n

Stripped of the pseudo-legal language, Stamp\u2019s claim is this: when you sign a loan agreement, a secret tax asset is created; that asset can be claimed from the IRS through a grantor trust using Form 1099-OID. Every part of that is false.<\/p>\n

Form 1099-OID is not a magic refund form. It reports a specific kind of interest-like income on real debt instruments. It does not turn a mortgage signature, credit-card agreement or birth certificate into a US tax refund. There is no such thing as \u201csignature credit energy\u201d or a \u201cbirth certificate construct\u201d. A loan is money that you owe, not an asset. <\/p>\n

We think most people would realise that these claims are nonsensical. The IRS does not hand out vast tax refunds to British citizens because they once signed a mortgage, loan agreement or credit-card application. <\/p>\n

Some people, however, fall for this. Sometimes because they\u2019ve fallen down a \u201crabbit hole\u201d of internet conspiracy theories, and become unable to tell fact from fiction. Often because they are desperate; often in debt, and willing to believe anyone who offers a way out; sometimes because they are very vulnerable and with a history of mental illness. We\u2019ve spoken to nine people who\u2019ve seen family members fall under Stamp\u2019s spell. There\u2019s a common pattern: thousands, sometimes tens of thousands, of pounds paid in \u201cdonations\u201d; debts mounting; relationships strained or broken; and the victim becoming more committed to the scheme, despite the promised riches never arriving.<\/p>\n

The reality \u2013 it\u2019s just tax fraud<\/p>\n

The scam Stamp is selling is well known<\/a>. It exploits a vulnerability in the way the IRS processes a particular US tax form, the \u201c1099-OID\u201d. If you complete a form apparently showing that you suffered US tax, then the IRS will sometimes mail you out a cheque, even if in fact you never paid any US tax at all.<\/p>\n

A real 1099-OID refund scenario looks like this:<\/p>\n

Diagram connections<\/p>\n