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Keyword: accountseizure

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  • ‘The age of financial privacy is over’ (FATCA)

    01/27/2015 12:43:47 PM PST · by Olog-hai · 40 replies
    TheLocal.de ^ | 27 Jan 2015 12:30 GMT+01:00
    “I had been living in Switzerland for ten years, and then out of the blue I got a letter from my bank, saying that since I am an American citizen I had to file some extra paperwork,” Jonathan Weiss tells The Local. “Two weeks later, my bank account was frozen.” Weiss was born in the US, but has lived abroad since age ten, in both Asia and Europe. “I was just living in Switzerland, working there, minding my own business,” Weiss recalls. “And then I was caught up this net. I had no idea what to do.” That was his...