American Tax Officer-Chapter 557 - 281: You Have a Lot of Money, But Now It’s Mine_2

Chapter 557: Chapter 281: You Have a Lot of Money, But Now It’s Mine_2

Back to America?

Such a large sum of funds suddenly entering America is sure to be monitored by the IRS surveillance system. Once David gets involved and starts an investigation, there’s no guarantee their funds won’t be frozen again. It would be even more troublesome then.

After much consideration, even those who had been cursing the Swiss Bank the fiercest began to gradually change their minds. Their assets, after all, couldn’t be withdrawn from the Swiss Bank just yet.

Next to Joshua, the leader of the Rockefeller family took over the phone and said, “Mr. Jace, if David can catch hold of something against your Swiss Bank, won’t there be a possibility of him catching more in the future?”

“This was an accident, and it has been a lesson for us. We will conduct a review of all our American branches to ensure there are no more tax discrepancies and to ensure we won’t be controlled by others. Rest assured, gentlemen, trust us one more time!”

Mr. Jace assured on the phone.

With that said, everyone’s gaze turned to Henrietta to see how the supreme leader of Freemasonry would react.

After a moment, Henrietta slightly nodded her head, seemingly agreeing with the decision to keep their funds in the Swiss Bank for the time being.

Then, the leader of the Rockefeller family said to Mr. Jace, “Alright then, Mr. Jace, Freemasonry will trust you once more. We hope you won’t let us down!”

“Certainly…”

…

While Freemasonry was still talking with Jace,

At the entrance of the Los Angeles IRS, facing the media’s disdainful attitude, Yamarin felt somewhat embarrassed and quickly gestured to Humphrey beside him, signaling him to ‘take over’ the situation.

Humphrey had no choice but to step forward and say, “Oh, and we have another announcement to make!”

“Regarding our bank’s CUUI and CUUO products, after careful review, we found there are indeed some tax issues. Of course, this is mainly due to our oversight. This is our problem, so we will pay a penalty to the IRS.”

Humphrey’s use of language was clever; he didn’t say the Swiss Bank had intentionally evaded taxes but used the term ‘oversight’ and then announced they would pay a penalty, which garnered a favorable impression of willingness to correct errors!

Indeed, it was the case.

Director David had already pointed out tax issues in these two products, and most people didn’t have much doubt about that.

Now, hearing Humphrey admit it too, and with a quite sincere attitude, indeed improved people’s impressions of the Swiss Bank a bit.

“So, Mr. Humphrey, what the public is most concerned about is, since your products have indeed been non-compliant, how much is the penalty amount?”

A journalist asked the question that everyone was most interested in.

“We will be paying 8.24 billion… 40 million.”

“8.24 billion 40 million!”

Upon hearing such a gargantuan number again, both the media on the scene and the television viewers started breathing faster.

“Yes, 8.24 billion 40 million,” Humphrey repeated through clenched teeth.

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Boom!

That statement, like a heavy hammer, struck everyone’s eardrums.

It really was 8.24 billion 40 million.

Wait a minute…

Everyone suddenly thought of a problem. Although David had pointed out tax concerns with the two products, no formal court proceedings had taken place yet.

So why would the Swiss Bank willingly pay such a huge penalty?

Unless… David must have irrefutable evidence about the tax issues with both products!

Otherwise, with the vast legal department of the Swiss Bank, there’s no way they would succumb like this without a court battle.

8.24 billion 40 million, that’s the cost of several aircraft carriers.

But on the other hand, what made them happiest wasn’t the number per se.

The happiest thought was that in America, virtually all the wealthy had the habit of keeping assets in the Swiss Bank.

Now that the Swiss Bank had started transferring assets to the IRS,

How could there be fewer in the future?

In other words, they had previously been unable to regulate the assets held in the Swiss Bank.

But now, they had the ability to do so!

And if they could winnow the assets of those wealthy individuals, then going forward, America’s financial budget could significantly increase and those funds could be used in education, healthcare, and various fields—indirectly benefiting the ordinary people as well.

…

Around noon, close to 12 o’clock.

In the Los Angeles Suburbs, inside the prison under the jurisdiction of the IRS, David and his group arrived in a visiting room.

About seven or eight minutes later, the door was pushed open, and a prison guard walked in with members of the Sackler family—Arthur, Mariano, and Theresa.

Being in prison, the Sacklers were somewhat cut off from information and unaware of the specifics of what had happened outside.

Thinking that David’s visit was once again about ‘pleading’ for their assets, they each sat back with legs crossed, wearing mocking expressions.

“Yo, isn’t our Director David extremely busy? What brings you the time to visit us in prison today?”

Mariano spoke with a sarcastic tone.

David didn’t speak but just smiled and then snapped his fingers at Nisen behind him.