Similar revelations about other banks and offshore tax-evasion
schemes — such as those contained in the Panama Papers — led to global
protests and even the resignations of some world leaders
***
Israel’s three largest banks — Hapoalim Bank, Leumi Bank and Mizrahi Tefahot Bank — have all been ordered to pay record fines, which collectively are set to total over $1 billion, to the U.S. government after the banks were found to have actively colluded with thousands of wealthy Americans in massive tax-evasion schemes.
A billion sound great but by my math they need to collect 26,000 times that to pay the national debt off.
ReplyDeleteOink Vey!! Shut it down.
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