Dang, the bad guys found out about eTrade? We used to use them to get Japanese folks US bank accounts because their Know Your Customer policy was so incredibly

Dang, the bad guys found out about eTrade? We used to use them to get Japanese folks US bank accounts because their Know Your Customer policy was so incredibly... Never mind, I understand how the bad guys figured it out now. [Edit for posterity: You could open a brokerage account from anywhere with minimal documentation. After having a brokerage account, one phone call from your "secretary" and they'd add a US checking account to it. No KYC verification required because of "preexisting business relationship." It was a great way to set up US bank accounts for folks who had business dealings with American clients before they got the opportunity to visit the US.]