Word: abetting
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Dates: during 2010-2019
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...dramatic federal investigation of Switzerland's UBS has blown the lid off bank secrecy - and revealed how Swiss banks abet tax evasion on a far more widespread, if more banal, level. Over the past two decades, these secret banking services have been peddled progressively downmarket - first to the lesser-known fabulously wealthy, then to just the wealthy; more recently, private bankers have been tripping over themselves soliciting business from doctors, lawyers and other folks who are what the biz generally calls "high net worth" individuals. "The IRS has been concerned for decades that a combination of a global economy...
...report suggest that U.S. efforts to cut off the flow of tainted funds still have a long way to go. "It's a long-standing goal of ours to try to see if we can keep corrupt money out of this country so we don't aid and abet people who pay this money," Levin said during a briefing earlier this month. "Particularly now, when we're focusing so much on the threat of terrorism." (See the best pictures...