Is OrangeBee Private Monetary SystemTM, Inc. Legal?
OrangeBee Private Monetary SystemTM, Incorporated, a FLORIDA CORPORATION. In 1982, the United States Congress enacted the Tax Equity and Fiscal Responsibility Act (TEFRA Act), OrangeBee Private Monetary SystemTM, Inc. (OBM) operates under the provision of this Act. For Tax purposes, and by signing below Account agrees OrangeBeeTM Dollars is taxable in the year it is earned and reported to the IRS just as bank interest and income are reported. OrangeBeeTM recommends Account seek advice from Tax Experts. OrangeBeeTM Dollars is not Legal Tender as defined by the US Congress. OrangeBeeTM Accounts account is not insured by the Federal Deposit Insurance Corporation (FDIC) or any other such governmental or quasi-governmental agency.
