In Switzerland, it is possible to pay delinquent debts with large sums of cash. Photo by MART PRODUCTION on Pexels.comSwiss broadcaster SRF investigated several official debt enforcement offices across Switzerland and found that large sums of cash were passing through some of them. In Switzerland, banks must verify the provenance of any cash sums of more than CHF 15,000. However, there is no such requirement for Switzerland’s official debt enforcement offices. The acquaintance then turns up at the debt enforcement office with a large sum of cash to satisfy the debt and the sum is returned to the criminal laundered.

Source: Le News July 01, 2022 21:55 UTC