HSBC FinCEN files.

Gers

FinCEN Files: HSBC moved Ponzi scheme millions despite warning

https://www.bbc.co.uk/news/uk-54225572

eskbanker

Perhaps inevitable that HSBC gets the headline, given their past history, although again it's their US operation that's been up to no good.

More of a concern closer to home is the stark statement that:

The UK is called a "higher risk jurisdiction" like Cyprus, according to the intelligence division of FinCEN. That's because of the number of UK registered companies that appear in the SARs. Over 3,000 UK companies are named in the FinCEN files - more than any other country.

Shakin_Steve

But you'd better not sell your telly on eBay or your account will be frozen for eight weeks.

ischris85

Shakin_Steve said:

But you'd better not sell your telly on eBay or your account will be frozen for eight weeks.

Say what?

Shakin_Steve

Say what?

But you'd better not sell your telly on eBay or your account will be frozen for eight weeks.

SebH

Incisive analysis as usual eskbanker!
I do think that HSBC account holders unlucky enough to have US citizenship may face yet more checks as a result of this. Perhaps not a good time to keep significant sums in HSBC if that applies to anybody.

quirkydeptless

Ulp, the machinations of the MSE Massive Bank Switching Bonus Collaborative may finally be revealed

ischris85

BBC news article: https://www.bbc.co.uk/news/uk-54225572

Highland76

It won’t be long before someone creates a new thread  on MSE along the lines of
’HSBC involved in scam - how much compensation am I entitled to?’ 

ischris85

Highland76 said:

It won’t be long before someone creates a new thread  on MSE along the lines of
’HSBC involved in scam - how much compensation am I entitled to?’ 

haha so true