Crackdown on Foreign Banks and Bankers Makes Clients VulnerableOffshore Account Update
Posted in on November 28, 2014
The U.S. government is determined to stop tax evasion and they are doing so by going after banks and bankers. Unfortunately for the clients of those bankers, many are willing to turn over information on their clients as part of plea deals to avoid jail time or lessen their personal consequences. Some banks have already paid huge fines and some bankers are already on trial.