3 ms·
Do you have a source for this claim? I can buy that they don't do the fraud themselves, they delegate it. But they generally delegate it knowing full well the k
by lz400 5y ago
Do you have a source for this claim? I can buy that they don't do the fraud themselves, they delegate it. But they generally delegate it knowing full well the kind of actions that are going to be taken. Rich guys also have lawyers and are not kept in the dark while a bank does shady stuff they didn't mean.
I also doubt these delegations are to mainstream banks. I think "special services" probably need to be engaged and there's no plausible deniability on what you're looking for when you engage them, even if you ignore the names and number of offshore accounts you run.
- michaelt 5y agoI could believe it's true of some rich people. People who got rich through business or politics undoubtedly know what's being done on their behalf, because they couldn't have achieved their success without financial literacy. But if you told me a champion boxer, football player or musician didn't know how their finances were organised? That could be believable.
- throwoutway 5y agoI would like to see a source too (specifically for the "we won't tell you how we do it" part). Even in the BBC reporting, the Blairs were very specific how/why their name showed up in here, so it's not like they're "surprised"