World's richest banker charged in Brazil

www.reuters.com...

Brazilian prosecutors on Thursday charged Joseph Safra, the world's richest banker, in connection with an alleged scheme to pay bribes to government officials in return for waiving tax debts.

In a statement, prosecutors said that Safra had knowledge of a 2014 plan by executives at his Banco Safra SA to pay 15.3 million reais ($4.2 million) in bribes to federal tax auditors. The accusation is based on tapped phone calls between Banco Safra executive João Inácio Puga and tax officials, the statement added.

Safra, who alongside his family owns Banco Safra SA [SADEPB.UL] and a number of private-banking institutions including Switzerland's J Safra Sarasin, was not directly involved in the negotiations on the bribery plan, the statement noted. Still, the conversations showed that Puga reported to Safra on the bribery talks, prosecutors said.

No matter who you are, if you cheat the gov't out of their money they will turn on you, even the richest banker in the world. Richest eh? With the conspiracy's around bankers I'd never heard of this guy. Have you guys?

The Lebanese-Brazilian billionaire, whose fortune is estimated at about $18 billion by Forbes Magazine, controls a banking and financial conglomerate that operates in 19 countries.

Why he itch so much?

I knew someone like that lost her teef, too

Brazilian billionaire, whose fortune is estimated at about $18 billion

Who cares, we in the uk now get a new minimum wage....£7.20

Interestingfind Swills....well have to follow the trial and see if there are any more bribable Brazilians in the govenrnent.

Lets see who has to die and when. Its a shame but that's kind if how this works.

Bribing MP's? That gives them something over you to blackmail you with. Stupid is, as stupid does.

a reply to: VoidHawkFluoride = Poison.

This should be happening in every country. The Wall Street bankers buy our politicians on the regular to get their taxes dismissed or allowed to off-shore.

Nothing new.
Jamie Dimon belongs in prison, along with every other major player.

Because of the massive spread of technology where everyone has a camera and recording device on their phone it is going to force everyone to operate legally and properly with the possibility of getting caught so prevalent. This is good for humanity to be forced to operate in a honorable manner, to many scumbag criminals on this planet

originally posted by: Swills
www.reuters.com...

Brazilian prosecutors on Thursday charged Joseph Safra, the world's richest banker, in connection with an alleged scheme to pay bribes to government officials in return for waiving tax debts.

SNIP

The Lebanese-Brazilian billionaire, whose fortune is estimated at about $18 billion by Forbes Magazine, controls a banking and financial conglomerate that operates in 19 countries.

This is so utterly, monstrously, massively DISGUSTING!!!!!. A man worth 18 BIIILLLION dollars trying to evade paying his taxes. Oh the harshness of it all! People are struggling to pay their food and rent, electricity and keep a vehicle in running order with gasoline in it. He's so greedy and selfish, he doesn't even want to pay his fair share, which would be a drop in the bucket on his finances. I hope they put him in prison, with sh#t on the walls and cockroaches crawling on the floors. I know it won't happen but a person can dream.

I really do hate the sickness that seems to attack those who have.

originally posted by: StoutBroux

originally posted by: Swills
www.reuters.com...

Brazilian prosecutors on Thursday charged Joseph Safra, the world's richest banker, in connection with an alleged scheme to pay bribes to government officials in return for waiving tax debts.

SNIP

The Lebanese-Brazilian billionaire, whose fortune is estimated at about $18 billion by Forbes Magazine, controls a banking and financial conglomerate that operates in 19 countries.

This is so utterly, monstrously, massively DISGUSTING!!!!!. A man worth 18 BIIILLLION dollars trying to evade paying his taxes. Oh the harshness of it all! People are struggling to pay their food and rent, electricity and keep a vehicle in running order with gasoline in it. He's so greedy and selfish, he doesn't even want to pay his fair share, which would be a drop in the bucket on his finances. I hope they put him in prison, with sh#t on the walls and cockroaches crawling on the floors. I know it won't happen but a person can dream.

I really do hate the sickness that seems to attack those who have.

Because they are so rich stops being about the money.. It becomes about the power.
They think they are untouchable, they even want entire nations bowing down to them.
That's where they get their buzz now.. From the power vast sums of money brings..

Also to be infamous as the richest and most successful out there.. This is probably just the tip of the iceberg to what tricks this guy has pulled to become so rich..

a reply to: BuzzyWigs

Well, Wall Street pays the enormous fines imposed on them by Uncle Sam and in return no one goes to jail, except fall guys. This guy was trying to tax evade and if we've learned anything about history, you don't cheat the gov't out of their money unless you plan on going to war with them!

Just a thought- he's probably been doing this for his entire career. They all do, right? Common practice.
Who did he anger that he's being called out on it?