L Squared Insurance Agency Blog: trust accounts
View the latest blog posts from L Squared Insurance Agency.
Tuesday, December 27, 2016A few months ago wrote about a San Diego attorney, Richard Medina, that was using the Law Firm’s Trust Account to help hide the source of $12 Million in violation of the Bank Secrecy Act. By using the firm’s trust account he was able to evade the bank reporting laws that are meant to report on large money transactions. READ MORE >>
Monday, September 12, 2016San Diego Lawyers pleads guilty to illegal money transfer business using Trust Accounts and is sentenced to 5 years in prison. To avoid financial Institutions required reporting, Attorney set up a number of Trust Accounts around the country to collect cash and transfer that money overseas to Mexico and Hong Kong. READ MORE >>
|
Blog Archive
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2013
2011
|
|