Hunt for Taxes: Safe-Deposit Boxes Under Attack


HSBC

HSBC is altering its oversight of safe-deposit boxes in Hong Kong. Governments are targeting safe-deposit boxes to look for cash that is hiding from taxation. HSBC, a U.K. bank, is now moving against claimed financial crimes by altering conditions for safe-deposit boxes. This is becoming a global trend. Anything of value that is stored in a safe-deposit box is now considered money laundering. Governments want their taxes and all the laws are changing to ensure they get their money.

One comment on “Hunt for Taxes: Safe-Deposit Boxes Under Attack

  1. http://newyork.cbslocal.com/2016/04/12/brooklyn-hsbc-bank-robbery/

    http://www.nydailynews.com/new-york/brooklyn/hsbc-bank-brooklyn-robbed-280g-valuables-article-1.2596338

    There was a bank heist (see links above), where the safe deposit boxes were broken into and reportedly $280K that officials know of. On the streets, word has it that Hassidim are going insane over the matter as cash along with diamonds and gemstones were in the safe deposit boxes.

    Around the mid-to-late 1980s (?) in Chinatown section of NYC, the same thing happened. I do not recall the specifics, and who knows, maybe the same crew out of prison (?). The Chinese were selected because they deal in cash, and the boxes were stuffed with money, and all of the same items as the Brooklyn job. Only twist that I remember, is the Chinatown job, guns and police badges were in the safe deposit boxes, proceeds of burglaries. When the heat died down, gangs would remove the items from the bank and sell them black market.

    Like

Leave a reply to Rifleman III Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.