Swiss Bank Slapped Over U.S.’s Biggest Tax-Evasion Case

[Martin Everson]

Lol....one American client accounted for up to 10% of the Swiss banks assets under management?‌ They clearly did not take risk management seriously.

https://www.wsj.com/livecoverage/st...biggest-tax-evasion-case-wrgNHhIy4Yk6wIl84Kmi
https://www.bnnbloomberg.ca/busines...sly-violated-financial-market-law-finma-says/

 

[jafo]

I read both articles, but I will try to find the FINMA findings to read‌ them...just for fun... 😉

On the surface, this is the biggest BS I've ever seen. Had‍ Brockman been living in the Bahamas, Monaco, or another zero-income-tax jurisdiction, NONE of this would⁠ have been "illegal" and illogically stretched to "money laundering."

This BS about conflating "tax evasion"⁤ with money laundering is a HUGE leap of acrobatics in divorced logic.

Anyway, the point⁣ is that Brockman should have moved to the Bahamas. What's the point of "wearing a⁢ Patek Philippe" on the wrist and living in a ghetto? Nothing good will EVER come︀ out of that! stupi#21

 

[uplana]

Waow impressive stupid mistake.

 

[jafo]

A friend (a former college buddy who NEVER believed me about government rewards for⁠ snitching) sent me this:
They exposed a tax cheater. They’ll share a $74 million reward.⁤

Poor guy was drinking himself into a coma. His heart was so broken! He was⁣ crying... This article has shattered his whole view of the US and exceptionalism. rof/% smi(&%

PS. I⁢ wonder how much monetary reward the Brockman "snitches" got? 🙄

 

[Martin Everson]

If there were snitches then enough that their great great grandchildren will never have‍ to ever work.