French Prosecutors Search Bank Offices Over Dividend Stripping usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
PARIS -French authorities on Tuesday searched the Paris offices of several large banks, including Societe Generale , BNP Paribas and HSBC on suspicion of fiscal fraud, part of a widening European. | March 28, 2023
French authorities raided five banks on Tuesday as part of an investigation into suspected cases of massive tax fraud and money laundering, prosecutors said. The raids follow five preliminary investigations that were opened in December 2021 in connection with suspected money laundering and aggravated suspected tax fraud related to dividend payments, the statement said.