Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 2 days agoELI5 How do rich people just hide their money in offshore bank accounts? Do they just call up the bank and say I want transfer such and money? How come the original bank doesn't catch on?message-squaremessage-square33fedilinkarrow-up1112arrow-down13
arrow-up1109arrow-down1message-squareELI5 How do rich people just hide their money in offshore bank accounts? Do they just call up the bank and say I want transfer such and money? How come the original bank doesn't catch on?Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 2 days agomessage-square33fedilink
minus-squareAA5B@lemmy.worldlinkfedilinkEnglisharrow-up7·23 hours agoWhy would banks care? If they’re getting a cut they care, otherwise it’s someone else’s business. Usually it’s the tax authorities who would care.
minus-squareSplashJackson@lemmy.calinkfedilinkEnglisharrow-up1·3 hours agoBanks were the only ones still able to fuck people over en masse during the pandemic, and oh boy did they know it
Why would banks care? If they’re getting a cut they care, otherwise it’s someone else’s business. Usually it’s the tax authorities who would care.
Banks were the only ones still able to fuck people over en masse during the pandemic, and oh boy did they know it