Couple of initial reactions to the more skeptical side.
1. A crooked (or would-be crooked) cop isn’t going to be swayed by disclosure requirements. He’ll still take his bribes, etc., but they’ll be kept in cash and otherwise remain undisclosed.
2. Consider the possibility that this extremely sensitive infomation just could get hacked/leaked by a well-financed and well-connected criminal organization. The consequences to a cop and his family of such a leak are much worse than any leak of a financial planner’s information.
What are you talking about? The cartels go though *billions* of dollars. How would a bad cop hide property, luxury cars, or any other high end assets if he was on the cartels payroll?
Not only that, but more and more often the courts are requiring that PD’s disclose personnel files to lawyers and others. The potential for this info to become public is real.