Meet Jen from the Problem Solvers TeamHi, I'm Jen and I'm here to help. Submit your complaint here or get help here
I’ll support HSBC on this one. Leading law firms representing HSBC and Hermitage Capital Management have been raided by Russian Interior Ministry officials in an attempt to link senior lawyers with an alleged tax fraud. This problem in Russia smacks of crooked investigators and problems in the Russian system. People are hesitant to report anything if the net result is an attack against those who report. The raids, which took place at four offices in Moscow, including Firestone Duncan, a US firm, appear to have targeted lawyers seeking to recover three investment companies owned by HSBC that were allegedly stolen in a complex web of fraud.
This article, HSBC and Hermitage Capital Management in Russia, is just one of our articles from our Bank Horror Stories, HSBC Secrets Part 3
Bank Horror Stories monitors banking problems and customer complaints and has done so since 1999. Writers hold no stock positions. Some material is used under the fair use copyright act.
We use Thomson Reuters News Service Calais in all production material but are not associated with Thomson Reuters, banks, or financial institutions in any way.
