Originally Posted by Uncle Bruce

There is a "perfect storm" forming as far as over seas money laundering is concerned. The U.S.,EU,China and Russia are all working to uncover the trillions of dollars being hidden in over seas accounts to avoid taxes and hid criminal profits. Switzerland, Luxembourg, and various offshore banks are all being pressured by these countries to open up their records or face being denied permission to operate in any of these countries. The U.S. congress is set to hold hearings about updating banking regulations and money laundering is one of the areas being looked into. The FBI is hieing some 1500 new personnel, some of whom are forensic accounts to work on this problem. My nephew, who has just become a CPA, is one of them.
A quick google will bring up dozens of recent news articles about this. I can't see how this is not bad news for the cult.