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by CaptainZapp
2402 days ago
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They'll help you launder $100 million, but not $10000. Actually, no; they won't. That is unless you find a crooked banker (probably a number of them), which is willing to help. While it's a nice illusion that a bank will do anything for money and this may have been the case 30 years ago this has massively changed. The reputational risk and the risk of criminal prosecution, including loss of the banking license in critical markets, is much too big as that a reputable bank would willingly engage in such shenanigans nowadays. That's not saying that it doesn't happen (see recent examples), but if it happens it's virtually always under circumvention of risk management and compliance departments at a bank. |
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