Ponyo would be devastated by this turn of events at Hermés

[sdifox]

Bloomberg - Are you a robot?

Apparently the fund manager stole the 13B fortune from the Hermés heir. How this can happen I don't understand.

 

[biostud]

Bloomberg - Are you a robot?

Apparently the fund manager stole the 13B fortune from the Hermés heir. How this can happen I don't understand.

Tax evasion.

 

[sdifox]

Tax evasion.

you mean as long as you steal the money you don't have to pay tax?

 

[iRONic]

Steal a little and they throw you in jail steal a lot and they make you king.

 

[biostud]

you mean as long as you steal the money you don't have to pay tax?

When you have someone steal them for you.

 

[Brainonska511]

That's a lot of scarves

 

[Dave_5k]

Bloomberg - Are you a robot?

Apparently the fund manager stole the 13B fortune from the Hermés heir. How this can happen I don't understand.

Happens more often than you'd think, with very wealthy clients trying to hide their assets, or avoid paying any taxes on their estate - by trusting a financial advisor to transfer their wealth over to unregulated overseas tax havens with no reporting requirements

 

[Brainonska511]

Happens more often than you'd think, with very wealthy clients trying to hide their assets, or avoid paying any taxes on their estate - by trusting a financial advisor to transfer their wealth over to unregulated overseas tax havens with no reporting requirements

All to avoid some relatively modest taxes for all the obscene wealth they have. Morons.

 

[Indus]

Why can't it happen to the Trumps?

 

[Pens1566]

Why can't it happen to the Trumps?

Because they're really not that liquid.

Unless you want someone to steal mountains of debt from them?

 

[sdifox]

Why can't it happen to the Trumps?

Russians own his ass.