one of the main reasons companies and individuals hide their assets in swiss banks and cayman islands is not to hide ill gotten gains or hide money and not pay taxes, the main reason people hide their assets under various corporations is to prevent easy access to funds from fake gov't fines and gov't confiscation and fake lawsuits and fake creditor claims. fake creditors who claim you owe them money or millions can be used as means of 'extortion' like guilliiani where some women claim he sexually harassed and judge gives here 100 million settlement and he was forced to declare bankruptcy.? he should object to such obscene and unfair fines order by anyone. the punishment doesn't fit the 'alledged' harm. it's like getting a 1 million dollar fine for speeding ticket or lying on your loan application due to technicalities. or lyaing about your net worth on some loan application when it's the job of the bank claims to be 'defrauded' when most loans are given based on credit checks etc. and it's the bank's problem if borrowere defaults on loan, not the gov't problem.
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