The Belgium Justice Department is bringing The HSBC british bank to court. The Swiss branch of the bank has been laundering money for years of Belgium clients, especially from the Antwerp diamond world , to Switzerland via a detour with their money.
The Belgium state has lost hundreds of millions euro’s in tax revenue.
The accusations of the Belgium investigating judge Michel Claise are serious.
- Organized tax fraud
- money laundering
- criminal organization
- unlawful exercise of function as a financial intermediary
Full story here CryptosNews.com
