ML Questions 4

Money Laundering – Frequently Asked Questions (p. 4)

“The 6th Amendment allows and requires counsel in criminal cases and the effective assistance of counsel is interfered with if the first thing the attorney does is to violate the ethics of confidentiality by becoming an investigator against the person who walked in for help.” Attorney Gerald Lefcourt.

 

How does one exploit heightened privacy when opening a Swiss Bank Account?

When one uses an attorney to open a Swiss Bank Account and that attorney stipulates that he is not an “asset manager,” a 2-story wall of privacy is thereby created. This is because Switzerland’s banking codes are super-imposed over the secrecy which is afforded by the attorney-client privilege.