From Tinder-based scams to Terrorism, Switzerland breaks down on launderers

From Tinder-based scams to Terrorism, Switzerland breaks down on <a href="https://datingmentor.org/escort/ann-arbor/">datingmentor.org/escort/ann-arbor</a> launderers

States discussing bank information show ‘deep swimming pool’ of offshore money, says OECD

Switzerland features stepped-up synergy together with other nations, including Asia, in breaking down on suspected illicit wealth left within the banking institutions

A terrorist from a-south Asian country which unsuccessfully wanted asylum in Switzerland, a person wanting to launder funds through a lady the guy befriended on popular matchmaking application Tinder and a giant sum of money built-up through a relationship fraud — the Swiss regulators be seemingly cracking all the way down big on cash laundering and terror financing from abroad.

Attempting difficult to drop the long-held understanding to be a safe sanctuary for undisclosed funds such as those linked to money laundering and horror funding, Switzerland have stepped-up their cooperation along with other countries, including India, with regards to breaking upon suspected illegal riches parked within the banking companies. Continue reading