[BenLurkin]

Is this the same bank that Vince “The Bagman” Foster used to travel to from DC, before his untimely demise?

[Vermont Lt]

I believe the Swiss have to abide by the same accords the US does in terms of money laundering and tax evasion.

I know they can turn a blind eye to a lot of stuff—but Switzerland is not the haven it was in the last century.

[monkeyshine]

Zurich’s Oldest Private Bank Admits To Helping U.S. Taxpayers Hide Offshore Accounts From IRS

In other news, water is wet and... wait... yes, we're hearing unconfirmed reports that The Pope is Catholic.

[bgill]

Bet 95% of all deposits come from the DC area.

[Basket_of_Deplorables]

We’ll never hear who important did it. Unless it’s

Anyone. Trump.

[SecondAmendment]

And since the accounts are all held by powerful Democrats, I suspect there will be a couple of “suicide by several shots to the back of the head while driving over a cliff while on fire” type incidents in the IRS and DOJ soon ...

[SeekAndFind]

Suppose a very rich Asian Businessman left Hong Kong 10 years ago because he had the foresight to see what was going to happen there today with the Communist take over.

Suppose he made all of his wealth from HK and then in 2009 MOVED a significant portion of his wealth to this particular Swiss Bank.

He then immigrated to the USA LEGALLY and moved the rest of his wealth to the USA and in 2020, became a US Citizen.

Does the IRS have claim to all the money he has in that Swiss Bank account seeing that the money was NEVER MADE in the USA?

[antidemoncrat]

How many members of Congre$$? Probably the same number as the one who have substantial $$$$ investments in China.

[DrPretorius]

I, for one, am thankful that Switzerland maintains it’s independence and freedom of operation beyond the reach of the criminal and rapacious illegitimate, tyrannical junta in DC. A Swiss bank account may be the only way we now have to try to save our assets from the thieves in our own country. I have had an email account with ProtonMail based in Switzerland for years to provide secure communications outside the control of the political crooks in DC and the high-tech crooks in Silicon Valley.

[DrPretorius]

And GOPee Delenda Est!

[Kozak]

Good for them. the IRS is too intrusive as it is.

[tang-soo]

This reminds me of the Panama Papers incident from a few years ago. Big, Big news for a few days, then nothing.

[Chode]

the illegal accounts belonged to, who...

and $16MM? really?? only $16MM??? pikers

[bitt]

P