Tag Archives: tax fraud

Did Obama and Cameron require HSBC to aid the prosecution of Tax Frauds?

By William K. Black
(Cross posted at Benzinga.com)

I have explained in prior columns that HSBC is not only a criminal enterprise, but also a recidivist of epic proportions.  The U.S. and the U.K. have refused to prosecute not only HSBC, but even its officers who directed the frauds and covered them up from the U.S. government.  The U.S. Department of Justice (DOJ) claimed that one of the reasons it failed to prosecute was that HSBC gave it “immediate, full cooperation.” Continue reading