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Like UBS, HSBC also appears guilty of US Tax Evastion

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I really hate these people who set up these tax shelters to avoid paying taxes to the United States of America. I was happy when the IRS went after UBS and I hope they go after HSBC in the same manner as well. 

Federal prosecutors are ramping up their criminal investigation intoHSBC concerning its sale of offshore tax services to wealthy Americans suspected of evading taxes, according to two people briefed on the matter and to court papers.

At least two American clients of HSBC, which is based in London, are aiding federal prosecutors by turning over account details, names of bankers and internal memorandums and other confidential documents regarding HSBC’s offshore private bank, according to one person briefed on the matter. He spoke on the condition of anonymity because of the continuing investigation.

While idiots crash planes into IRS buildings I cheer the work that they do!

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Written by Jason Gooljar

July 11th, 2010 at 6:32 pm

Posted in Corporatism

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