Everyone is getting over.. i wanna get some of this pie too... where can i sign up to break the rules for profit god damn it
"A government watchdog warned last June and again in January that non-U.S. citizens have registered 5,600 planes with the Federal Aviation Administration through trustees, concealing the owners' identities.
Under FAA regulations, this can be done by the owner creating an agreement to transfer the plane's title to a trustee that is a U.S. citizen. The trustee then registers the plane. The agreements provide little information on the identity of the owner or who uses the plane, according to a memorandum by the Department of Transportation's Office of Inspector General.
In 47 registrations closely examined by the inspector general, the non-U.S. citizen who created the trust had complete authority to remove the trustee, and thus control over the plane."
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