There seems to be a lot of support to heavily tax the 'wealthy' -- whoever that is -- but one should remember that taking away from the wealthy will not make you rich, nor will it make you feel wealthier, and at the end of the day they will still be rich. What should be looked at is how these people are enriching themselves by their relationships with those in power, politicians.
We have talked a little about Leonardo DiCaprio's buddy Jho Low and the 1MDB scandal and the yacht Equanimity. Well, it's for sale -- the boat, not DiCaprio, at least publicly.
You must have some free cash to make a bid, but for most of us billionaires and millionaires on the road to becoming a billionaire, that is not a problem for what could be a really sweet deal. There will not be a lot of bidders, so the opportunity may be huge! Buy it now, party year round!
Banks are supposed to have all of these compliance controls, but like most things money related, if you have enough there seems to be a way to circumvent. Unless, the lowly teller in a branch is doing their job...perhaps the only one doing their job.
"The teller saw the balance of $500 million in the account and alerted her superiors who realized that three weeks prior, officials at the central bank of Angola had transferred $500 million to a small accounting company in a rough London neighbourhood that is run out of a tiny office between a cafe and barber shop."
