
doi: 10.2469/cfm.v24.n3.6
For decades, Swiss banks catered to the rich, offering numbered bank accounts and other discreet services protected by the most stringent bank-secrecy laws in the world. For the past four years, however, the U.S. government has undertaken aggressive efforts to pierce those historic laws, exposing a haven for international tax evasion that catered to wealthy Americans holding secret accounts at Swiss banks. The tice Department initially trained their
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