HSBC Accused Of Fraud, Money Laundering, Forming Criminal Organization
BRUSSELS - A Belgian investigating judge has charged a Swiss private banking branch of HSBC with massive organized fiscal fraud, money laundering and forming a criminal organization to the benefit of over 1,000 wealthy clients that cost the Belgian authorities "hundreds of millions of euros." The prosecutor's office said Monday the accusations against HSBC Private Bank NV/SA are based on its ...
News source: Yahoo! News
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