Bank Whistleblower: I Tipped Off Taxmen In 2008 ("offshore banking is out of control")

[Turborama]

Source: Sky News (UK)

Herve Falciani, the man who exposed a tax scandal at HSBC by leaking thousands of account details from a Geneva branch, says he first raised concerns about suspect practices at the bank seven years ago.

In an interview with Sky News, Mr Falciani claims to have emailed and called Her Majesty's Revenue and Customs in 2008 - though he said the full processed data was only given to UK authorities in 2010.

=snip=

The details of 30,000 accounts - holding almost £78bn in assets - have been revealed after they were obtained by a French newspaper and analysed by a team of investigative journalists. They accused HSBC's Swiss banking arm of helping wealthy customers avoid tax and hide millions of dollars, and providing accounts to international criminals, corrupt businessmen, politicians and celebrities.

=snip=

His actions were the ultimate source of the data that has caused political havoc in Greece, Spain, India, France, Belgium and now the UK.



Read more: http://news.sky.com/story/1425920/bank-whistleblower-i-tipped-off-taxmen-in-2008

[Hoppy]

1. "Only little people pay taxes." Leona Helmsley

[Enthusiast]

2. We should begin an all out effort to change that.

[Hoppy]

3. But we ain't got enough money to bride Congress.

And the rest of the rubes think it would be class conflict.

[Turborama]

5. I'd like to think "bride" wasn't a typo

As it would actually fit just as well. lol

[Hoppy]

6. Sorry to disappoint. It was a typo. --- happens when you get old and the eyes don't work too good.

[Overseas]

4. Sad K&R.