Monday, February 8, 2010

Thieves Are Never Rogues Among Themselves

In our marvelous world, you can cheat on your taxes, you can secretly stash the money away in some financial institution abroad, someone working there will steal your personal and account data, some government/tax authority will buy the stolen goods since righteousness (and revenue) trumps law, they will prosecute you and parade you in front of the media like a prized prisoner-of-war, what can you do?

Sue! If you're a tax cheat and your data is on the market like the HSBC Swiss Private Bank data that is being auctioned off, start building your lawsuit. Did they tell you about the stolen data? Did they tell you about the tax amnesty in your home country? etc......

http://www.nytimes.com/aponline/2010/02/08/business/AP-EU-Liechtenstein-Tax-Evasion.html

One German tax evader has successfully sued a LGT Bank subsidiary, their fiduciary/trust business, for failing to inform him that his data was stolen preventing him the chance to have declared himself to German authorities and avoided more severe fine for tax fraud.

Where's the honour among thieves I ask?

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