Nicholas Burns- How To Never Pay A Bill

In this video, the presenter walks through a method called coupon remittance endorsement that claims to allow people to stop paying bills using financial instruments and endorsements. The core idea is: you send your bill to a third party via a “coupon” (essentially an endorsement instrument) that matures in about four weeks. After the maturity period, you’re given “evidence of a positive dividend payment,” and the instrument is purportedly backed by a bond.

Key elements:

• Explanation of how to issue a coupon remittance endorsement attached to your bill.

• How after ~4 weeks the coupon “matures” and triggers a “dividend payment.”

• The claim that there is a bond backing the instrument, hence supposedly making the method legitimate.

• Implication that this mechanism allows the user to bypass normal payment obligations.