By Elizabeth Hearst for AMLi
The ‘Credit Suisse Papers’ leak of 18,000 bank accounts is a drop in the ocean in comparison to the bank’s 1.5 Million private banking clients – but it’s a who’s who of dodgy characters.
The average sum on deposit for the leak is 7.5 Million CHF (€7.2 Million) – with nearly 200 accounts holding more than 100 Million CHF.
Account holders are domiciled in more than 120 jurisdictions, with over 160 nationalities represented. Critically the leak makes it clear Credit Suisse did not carry out proper due diligence on many of the notorious characters who have surfaced in the data dump. Those exposed include disgraced executives, fraudsters and traffickers.
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