Explain Like I'm FiveEnglish • 1 month ago

ELI5 How do rich people just hide their money in offshore bank accounts? Do they just call up the bank and say I want transfer such and money? How come the original bank doesn't catch on?

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ELI5 How do rich people just hide their money in offshore bank accounts? Do they just call up the bank and say I want transfer such and money? How come the original bank doesn't catch on?

Explain Like I'm FiveEnglish • 1 month ago

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@Thebeardedsinglemalt
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English
1•1 month ago
Simple. It’s purely by design.

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