Off-shore Accounts Scrutinized, Foreign Banks Turning Away Americans
Following recent discussions in Washington D.C. with U.S. Treasury Officials, the Ministry of Finance announces the formation of a new task force to evaluate the suitability of a government-to-government reporting arrangement for the implementation of the U.S. Foreign Account Tax Compliance Act (FATCA) in the Cayman Islands. Click here to read the full article.
NY Case Accuses Big Banks of Money Laundering
One of the most recent efforts to bring the big banks to task over their role in the nation’s real estate crisis is a New York lawsuit, Abel v. BAC Home Loans Servicing LP et al, alleging international money laundering by Bank of America as well as other major federally chartered banks. The lawsuit alleges […]
Black & LoBello on AM720 KDWN
Click here to listen to the Legal Hour on KDWN AM720 from May 2nd, 2012 in which Managing Partner, Tisha Black Chernine, Esq., hosts special guest, Jeffrey Morse, Esq., Special Counsel to Withers Worldwide. Ms. Black Chernine and Mr. Morse discuss Abel v. BAC Home Loans Servicing LP et al, a current case in New York alleging that banks are laundering money overseas […]
Black & LoBello on AM720 KDWN
Click here to listen to the Legal Hour on KDWN AM720 from January 25th, 2012 in which Managing Partner, Tisha Black Chernine, Esq., discusses the impact of walking away from a mortgage vs. negotiating with the banks (4:26), how banks committed fraud during the housing bubble (6:10), how to spot title issues when buying real estate (9:52) (33:36), trouble foreigners […]