HSBC: The Money Laundering Scandal | Shady Business

[@Baqbaq_badhanaa]

As a professional money launderer, I'm worried about where the world is heading to

[@DJRenee]

It definitely isn't heading towards honesty or morality, so you are good.

[@mohdfahmi8841]

Ai.

[@jemiez9383]

Yeah. You got to worry because sooner or later you will lose your job as professional money launderer because AI will take over to do the launder instead of human. Maybe you got to learn new skill such as professional pickpocketters or professional roadside beggars😂😂😂😂😂😂

[@CLM2204]

A👁️

[@aimirror]

not sure you are entitled to the right to "have feelings about it..." You should probably be in jail.

[@monkeyking-self-proclaimed7050]

HSBC is not the only bank that does this.

[@Juan_Hernandez_Jr.]

Who else does it?

[@giorgio988]

Too many to name do your research

[@gmorin3]

Because he doesn't know😂

[@kara1599]

even if it is true, it does not justify what they do.

[@missychan1]

Swiss accounts ring a bell?

[@danielfisher6501]

As a hitman, this is exactly why I bank with HSBC. I turn up with large amounts of blood soak money, and they ask few questions.

[@0401412740]

Chinese bank

[@LimJiaKim]

⁠@@0401412740HSBC was set up By The British during the opium war to do all the business transactions. As such hsbc was heavily involved in drug in their past.

[@tommyeschung]

L,fao

[@HaadBajwa-q9n]

What are the few questions that they ask? Just curious! 😂 Perhaps; Is this blood or ketchup?

[@chrisfisher6700]

Clearly never onboarded with HSBC as a client. They ask literally an hour of completely moronic questions. I wonder if they even listen to the answers as long as you don't make some kind of egregious admission.

[@201sovereign]

I love banking with HSBC. Very helpful staff. Good to know if things go bad, and I am on the wrong side of the law, HSBC got my back☺️👍

[@criptovida]

😅

[@foreverseethe]

that's hilarious.

[@jmc8076]

You think any bank has your back? Nice to live in your world.

[@EtherealTrader]

Same reason why I picked them when I moved to Dubai 😂

[@BugsyBologna]

They’ll just wash your problems away.

[@anayshendey]

One of the best documentaries I’ve seen in recent years.. great job 👏

[@AwokenEntertainment]

it's incredible to think that these banks are involved in such high levels of corruption.. it's like who can you even trust these days??

[@JeffsWig]

Nobody in positions of power because the good guys get removed and replaced

[@EdelineLim]

"HSBC was not necessarily created by opium traders but was created by traders who happen to be involved in opium." 😮

[@SeanFortune1]

The sky is not blue, it's light blue

[@ericg6161]

Blue is the sky😂

[@suziemalloy7216]

💅 Nailed It¡!!!!!!!😅😮😅🎉🎉🎉🎉

[@xman666soad]

They’re not drug farmers, they’re agricultural experts!

[@bill4056]

That right, opium traders has no banks to deposit because its ilegal in Hongkong, thats why they created it after opium war when British rules Hongkong of China for 💯 yrs

[@jpducati916]

Banks are above Government and Regulation. Criminal Syndicate.

[@brunopetit9538]

The problem is these international banks are so large no one has any ultimate control on what they are doing both within and outside of these organisations. Too big to fail and too big to control!

[@bobjuniel8683]

Our man from Hong Kong. The real reason the UK was not happy that their 99 year lease had come to an end. HSBC The Hong Kong and Shanghai Banking Corporation would be exposed to Chinese and International scrutiny. The UK's Spiders Web of illegal trading and money laundering had lost its safe house. from the City of London, to the Cayman Islands, Singapore and more. Abolishing cash will not stop money laundering or crime, because the biggest criminals are entrenched in the establishment and halls of power.

[@wallychan2816]

Texas-based Dimensional Fund Advisors is the largest institutional shareholder of HSBC. Jane Street Group and Morgan Stanley round out the top three largest institutional shareholders of HSBC.

[@Siblingsking123]

@@wallychan2816can we talk?

[@baibhav11]

Do you think decentralised currencies such as Bitcoin could solve the problem?

[@DJRenee]

Thank you. Eliminating cash only impacts regular people.

[@DJRenee]

​@@baibhav11heck no

[@seanmolloy6188]

I find it very interesting. I worked for Terex Corporation for over 13 years, and they would pride themselves on transparency, doing the right thing, moral obligations, and all that, but they switched to HSBC after all the trouble that they had gotten into. Then, a few years after the switch, they started shutting plants down, eliminating jobs and shipping work to Mexico.

[@maxheadrom3088]

HSBC: "We understand China and we do banking like the British!"

[@wallychan2816]

You sure it’s British?Just because the head quarter is in UK.

[@babangill551]

​@wallychan2816 British are the root cause of 100% of world problems. So we are not just sure, but we believe it's British

[@johnsonjohnson3122]

​@@wallychan2816it is just a saying, showing how HSBC positioning themself since colonial time, and it continue until today. Like the guy said. The most Western bank for Chinese = The most Chinese bank for Westerner.

[@chahal_s]

​@@wallychan2816The Hongkong and Shanghai Banking Corporation

[@JL-oi8di]

@@johnsonjohnson3122not Chinese bank at all. Chinese usually use their own banks

[@WheelerRickRambles]

Curious, how many US politicians have accounts there and had accounts there?

[@Mike-B.]

And how many Supreme Court Justices of the Red variety?

[@noodleppoodle]

HSBC is also a high street bank so could be many xd

[@arkanterian4663]

Most likely all of them

[@WheelerRickRambles]

@@arkanterian4663 😂👍… ALL … that’s probably the real deal.

[@giorgio988]

Clinton foundation

[@davidmccabe4041]

The British pioneered tax evasion......just look at jersey, guernsey (famous for captive insurance), the isle of man, grand cayman (off shore funds), bermuda ( off shore insurance) and to a lesser extent seychelles and malta all encouraged to stand on their own economic feet and not be reliant on the UK Exchequer. David mccabe chartered accountant dublin ireland

[@jakeblair4215]

City of London has a permanent MP who sits in the house whose sole job is to inform the banks and royalty. Terrible soul sucking capilisitic legal money laundering from the colonists days

[@EaglesAndStandard]

It’s the same old routine, but it never gets old

[@jmc8076]

Same in most countries. Good doc video on mass gold laundering in Africa. In Canada it’s thru casinos and real estate. The US well you know.

[@charlessoukup1111]

Laundering?? What the hell FOR when it flows like water all behind the scenes tho seems the govt knows every penny we get & spend??

[@marcoprolo7318]

Wikipedia: "After the British established Hong Kong as a crown colony in the aftermath of the First Opium War, merchants from other parts of the British Empire, now in Hong Kong, felt the need for a bank to finance the growing trade, through Hong Kong and sometimes also through Shanghai, between China and India, the rest of the British Empire and Europe, of goods, produces and merchandises of all kinds, but especially opium, cultivated in or transited (re-exported) through the Raj." Knowing the history of that entity, let say I won't use that bank in a near future. Let's not forget the Brits used to terrorize the Chinese to force them to take in these opioid drugs. I wonder how many families were destroyed because of these predators.

[@Truthseeker371]

And, some thesis show the aftermath of opium use is reflected on the numbers of Southern Chinese mentally ill patients. It goes on from generation to generation. What's new about colonialism effects???

[@ricardosoto5512]

President Roosevelt's grandfather made his fortune from the opium trade .... 🤔

[@wallychan2816]

please do a search about "Opium War"

[@wallychan2816]

Now: Texas-based Dimensional Fund Advisors is the largest institutional shareholder of HSBC. Jane Street Group and Morgan Stanley round out the top three largest institutional shareholders of HSBC.

[@harlyslamm2888]

I dont know what the fuss is about, the British primary setup HSBC to do exactly this...

[@harisrinivas3649]

America not getting cut

[@cinemaipswich4636]

If I had lots of money, HSBC would be the first bank I would engage.

[@Curlyblonde]

Deutsche Bank, Wells Fargo too provides excellent laundering services. Both have paid their fines and are good to continue providing this service.

[@dragonite87]

I bank with HSBC Australia. They offered me a prerty competitive home loan rate, plus a $3300 bonus to switch, plus they have other benefits. They are corrupt but our Big 4 Banks aren't much better.

[@qasimrashidi6870]

as long as politicians and crimes exist. banks will launder money.

[@hsk8787]

As a druglord i love hsbc's servive. No questions, no issues.

[@shlawryarn3412]

😅

[@GAURAV25855ify]

They wallstreet 2.0

[@Ellevs1]

Now try to put a few thousand cash on your bank account and you’ll be under investigation for money laundering. One rule for them, another for everyone else.

[@waltclarke2618]

For countries that mainly produce illegal drugs how else can they bank?

[@donaldvansuilichem7452]

If you put all midlevel and top management in jail for 30 years this money laundering will stop.

[@cd-rom.]

It’ll just get more expensive.

[@bhavtosh5328]

Laws are only for common Americans. There is no law for big corporates.

[@Mikeyang1975]

You can see how cynical the people interviewed and worked directly and indirectly for that corrupt bank.

[@Piaseczno1]

Yes. That Cha woman is deadly corrupt, not blind.

[@wallychan2816]

Texas-based Dimensional Fund Advisors is the largest institutional shareholder of HSBC. Jane Street Group and Morgan Stanley round out the top three largest institutional shareholders of HSBC.

[@DJRenee]

😮

[@GAURAV25855ify]

They have holding in Florida near the Miami dade area

[@washimikbal5393]

What a masterpiece, it's so full of information. 'Thank you' would be so small for you. Just mind blowing ❤

[@annuitcptis3032]

Yeah, the only lie in this video is that democrat politicians are trying to eliminate this problem. Complete lie!!! Follow history and you will see truth!!!

[@trumpthelegend6357]

I watch these types of documentaries to get ideas. Thank you

[@youtuber9758]

HSBC, BCA, Bank of China, Swiss Bank, you name it.

[@emperorpenguin4663]

I laundered so much money I have just run out of detergent

[@finurra3905]

even as a young 20 year old undergrad business student from an impoverished neighborhood in LA, I knew these guys were gangsters. No better than the dudes I grew up. I could smell it.

[@kara1599]

too big to prosecute, exactly it is!! this world always works for powerful people, who benefit from dirty systems.

[@nolramonairam3098]

exactly.. when everyone has a piece of the pie who cares for those unhappy.

[@GAURAV25855ify]

Thats True how is that president can be prosecuted but not These parasite scumbags how ironic

[@manuelcorpuz4408]

Bro if a bailable offense wont stop me and still i get profit after paying repeat is the key

[@edwardmiller9611]

This bank should Not be allowed to do any business in North America and Europe.

[@lilytea3]

0:46: 🏦 HSBC, a global bank, has been involved in various illicit activities such as money laundering and tax evasion. 10:11: 🏦 HSBC in Hong Kong is a safe haven for money laundering and tax evasion. 18:52: 🏦 HSBC, originally created by traders involved in the opium trade, has become a global empire but faced criminal charges for money laundering. 27:09: 😡 HSBC, a global bank, escapes trial and is fined only two billion Euros for money laundering and violating international sanctions, leading to public anger and accusations of being too big to jail. 34:17: 💰 HSBC, a global bank, strategically moves its headquarters to London while keeping its heart of business in Hong Kong to maintain stability and permanence during the transition of Hong Kong to China. 44:08: 🏦 HSBC, a British bank, was rescued by Chinese money and became a champion of globalization. 56:48: 🔍 HSBC avoids prosecution for aiding tax evasion and money laundering, with the bank's leaders escaping accountability. 1:07:22: 🏦 HSBC, the largest employer of the city, aligns with China's ambitions and helps facilitate its global expansion. 1:17:48: 💰 HSBC's involvement in China's financial system poses a threat to global stability. Recap by Tammy AI

[@ІринаЛапчук-м9ю]

Таке враження, що всі крадуни..

[@paulgilliland2992]

Impossible to keep drug money out of any banking system anywhere including the USA . There’s always going to be a banker for anyone with vast sums of dirty money . This is the chance they take accepting the cash .

[@Curlyblonde]

You can always stuff your excess cash you don't want on the books in the walls of your home like Pablo Escobar or creepy preacher Joel Osteen did. Also provides good insulation. No bank or accounting fees either. Saves you a trip to the bank.

[@zeezee7856]

How much more do I have to take before it’s stopped?!

[@patrinachia6197]

Common on! Which bank is not guilty of this?

[@burntrubber7458]

If they would've let them collapse it would send a message to all crooks. Unfortunately, they won't because they're in on it too!

[@alfredkariuki650]

parking ticket fines = 2 billion dollars

[@Jim_maco]

9 out of ten ppl with millions in dirty money launder it at HSBC

[@foodandwinefromhoneyblonde8346]

Well, damn the lid is blown off. I am in shock to believe this kind of stuff can happen. Amazing amazing documentary.💯💯

[@quynhnhi189]

This is an excellent video!

[@Ves_lft]

Thank you for the insights!!

[@bobm8637]

Don't all banks do this?

[@Jojoxxr]

Nice work hsbc, doing your bit to also enable funding for global human trafficking (ie sound of freedom) and also rinsing trillions thru realestate worldwide thus over inflating housing/property values. A real pillar of society

[@ZoKitchen]

Great job 👏

[@hsk8787]

How many times does hsbc need to get caught before something actually happens?

[@Play4Vida]

Why would anything change? You think the government doesn't know? Entities like this need to exist.

[@Curlyblonde]

Where would all the Royals hide their tax-free money?

[@ІринаЛапчук-м9ю]

Ви нічого не зробите проти нас в інтернеті і в Україні і в інших країнах світу Європи від мене особисто Дякую за увагу за ефір

[@TheSmartLawyer]

I received a letter not that long ago that HSBC didn't want my accounts for being under $5M and that unless I made arrangements they would transfer all my accounts to Citizens. Oh well. Maybe this is why.

[@wallychan2816]

maybe you should just keep you $1.50 in a piggy bank for now. BTW Most Banks are cover by government Insurance of only around $150,000,00 per account under same name. In other word you'll get around $150,000.00 if ever the bank goes under. The real wealthy people diversify assets. And no your money don't wait for you inside the bank vault. Oh Sorry, maybe you are a real lawyer, would know better than I

[@MrOharaj]

at 23:50 when he desribes cartel members placing deposits into HSBC. Have you ANY IDEA what would happen to those employees if they refuse the "polite request" ?

[@LimbovitschHaim4Mir]

16:25 !!! HSBC also printing and issuing the HK's dollars !

[@suziemalloy7216]

After 25 years on Wall Street and 5 in anti-money laundering. I found something so big. I am now assistant manager at Jack in the Box🎉in Yuma, AZ.😮

[@stella-vu8vh]

What did you find

[@Curlyblonde]

Living the good life!

[@darrelloneill8320]

Since becoming a super-villain HSBC has turned out to be fantastic.... They take my dirty money, no questions.... and even finance some of my more sinister and expensive schemes..... 5 Stars....Gru.

[@wallychan2816]

This Documentary is old.... Any deposits $10,000.00 + has to fill up a government form. And there are no sinister, expensive schemes than government account holders (my opinion) Yea, I drop a $20 bill, they took it and deposited. No Questions ask.

[@VividJewel]

Really? U.S. has become the new heaven of financial crime these days. One of the slowest in implementing AML laws and quickest in setting up state trust schemes.

[@Curlyblonde]

​@@VividJewelActually Canada is known as the best country in the world for money laundering. It's on such a scale that it has ruined our real estate market throughout our country.

[@ryanreedgibson]

Not many rich Chinese who haven't been locked up by the CCP or restricted. I wonder how the current market deflation in China will effect this bank? I owed HSBC 180k on an unsecured line of credit with no personal guarantee. When I dissolved my legal entity, I walked away. US Corporate law allows it and HSBC was so greedy they forgot to ask for the personal guarantee.

[@АлександрЛещенко-ж2й]

As a druglord i love hsbc's servive. No questions, no issues.. Corporate corruption knows no geographical bounds..

[@Pe6ek]

Fix your grammar child.

[@KevinCormack]

This is the bank the Royal Bank of Canada RBC wants to buy?

[@ADR.1993]

Wow they had a huge stadium and corporate building in downtown Buffalo NY 😮 The whole time….

[@wallychan2816]

Wake up dude, should see their buildings PS Texas-based Dimensional Fund Advisors is the largest institutional shareholder of HSBC. Jane Street Group and Morgan Stanley round out the top three largest institutional shareholders of HSBC.

[@TanBull233]

Guess what the two lions outside HSBC building called? Money & Laundering

[@sennasennina4891]

We all know who is really behind HSBC. Intelligence services use as well HSBC for their operations like other offshore organizations. Not everything is approved by the Congress and the government. Money is very fluid and institutions like the HSBCs are created to facilitate their use. If you are a regular taxpayer, you would be part of the 99.9% of the world that obeys its rules and laws. Unfortunately, the rules are only made for the same 99.9% and NOT 0.01%. This is reality and nothing could change it.

[@adityonugroho7247]

like mission impossible stuff ?

[@jmc8076]

Do you honestly believe any back is honest and or not involved w/something?

[@wallychan2816]

Texas-based Dimensional Fund Advisors is the largest institutional shareholder of HSBC. Jane Street Group and Morgan Stanley round out the top three largest institutional shareholders of HSBC.

[@stingray120]

5:20 TRANSLATION: "And so if you are a Mexican or Colombia Drug Lord wanting to launder your money, the first thing you should do is call HSBC in Hong Kong.

[@boyguapito1]

*HSBC* is (or was) _The World’s largest Bank._ Not Asking were the money comes from, facilitating money laundering, and creating off shore shell companies to hide hard-earned money and even tax evasion is paradise.

[@hugobose2668]

Now go to Bahamas and virgin island and find out what they do

[@rwksasc]

HSBC: we launder money better than anyone.

[@Curlyblonde]

HSBC: Headquarters of Scammer Banking Corporation

[@joyghosh8610]

How can exposing customers' details help stop money laundering ? Just a question.

[@leprechaun7667]

Every Bank is the same!! They all doing it

[@wallychan2816]

and who won't if there is a way

[@Perspectiveon]

Accountability is a necessity or crisis will keep emerging becoming ever worse. Bailouts and leniancy has to stop and any implications has to be dealt with as they arise no matter how severe. The people at the top especially in the Judicial system has to recognize this or go !

[@Schminner]

The Incredible Hulk banks with HSBC... don't make HSBC angry. You wouldn't like it when HSBC is angry.

[@jmc8076]

How old are you? 😂

[@davideast4144]

❤ that was the best video

[@jonasguanzon5540]

How the government use the taxes properly

[@wallychan2816]

Government and the word properly can only fool cave man living in stone age

[@monkeynorn]

Am so boycotting HSBC after watching this insightful documentary.

[@-BlackTalon-]

like your pennies are gonna hurt their trillions any...

[@Sirius-me5zy]

As long as you got the right amount of money,HSBC will help you launder the money,profit 1st ,ethical last,good for the robbers and thieves

[@ReikiHealing-fk3bx]

It should be renamed Bank of Canada

[@Curlyblonde]

Our economy and housing market in Canada would collapse if it weren't for all the laundered money coming in.

[@winglamgracechan2185]

Strongly agree that HSBC should close down the business. The Group processes lot of suspicious transactions, however, HKMA (HK regator), HK police and JFIU took no prosecution of any staff working at the bank. The HSBC Group processes lot of transactions of layering accounts and making Fraud is a serious problem in HK now. Compliance staff at banks have no excuse of not having AML knowledge but to process suspicious transactions, it is wilful blindness and avoidance of knowledge.

[@lorrainepalmer2952]

Started with drug money and laundered drug money.

[@johnalver]

Seriously how the world goes round 🤬

[@zackali9934]

The conclusion i get from this documentary is that it's not the criminal and corrupt practices of HSBC they have an issue with but that its connected to and does business with china

[@lenadong7848]

But they’ve been laundering money since they were under British rule, and China actually put some, though not much, regulations on them. Also, China won’t have control over Hong Kong, and hence this bank, for another 20 some years (Great Britain only agreed to give back Hong Kong if Chinese government does not move into Hong Kong 50 years after getting the land back).

[@LenaLuthorWife]

YESS!! I am only halfway through this documentary and I was like hmmmm.. this is so one-sided. they have problems cos the clients are all from china and there is where the influx of profits from asia. so, these americans/jews financial systems like jpmorgan etc are not happy. the only conclusion I can come out with in this documentary is HSBC intentionally did this to promote their services to the ppl who they are targeting their bank to OR just jealousy from americans/jews/european financial businesses and govt.

[@gwyndolinschnee7015]

Its more of an opinion piece at that point, yes.

[@Paochinblog]

Connection with big four accounting firms?

[@hani786ish]

I’m sure HSBC isn’t the only bank who’s involved in money laundering.

[@RebeccaSo-e7z]

Hong Kong island and the peninsula south of Boundary Street was given to the UK for good after the Opium War. The New Territories area - North of the Boundary Street was leased to the UK for 99 years.

[@deevee4994]

HSBC is just world hub to interlink money flows for a fee between Governments, Businesses, and Criminals. There has always been protected institutions like HSBC in commerce history to maintain the status que.

[@DWPIXEL]

Good bank for people who travel to different countries

[@QuiLe-qw5jb]

"Money can buy anything"! 😅

[@TheAfrikanSuperstar]

Crime pays, indeed.

[@yimengz8778]

The French attacked a prestigious British Bank.

[@bettyboop-xg6jo]

They even have evil smiles😂

[@joyghosh8610]

Somehow everytime i call from that phone i reach the bank but i do not receive service requests with bank format.

[@davidmccabe4041]

In the early 1990s i visited luxembourg on a day when the banks were open but a day which was a public holiday in Germany. Every parking space was occupied by German registered cars, all posh restaurants were full....it was the first time i saw money laundering in practice as German residents deposited their savings outside the eyes of the German tax authorites. David Mccabe chartered accountant Dublin Ireland

[@suziemalloy7216]

WOW😮😢😢

[@waltclarke2618]

You don't blame them though, why should you pay taxes to a government who themselves are corrupt and misusing the money.

[@chrisg4rr377]

Maybe the germans went out for a drive to get some Schnitzel and took a wrong turn, got lost and stopped in Luxembourg to check the map

[@brianhotaling5849]

What must they be doing for CPP?

[@OFFICEoftheMAN]

There is no money in the world since 1933…

[@xxzstatixx562]

💯

[@HoneyBadger80886]

And China has no girls.

[@jonnovember2136]

That is why #TDBank💳 is not as great! It is just another Tuesday at #HSBC💸...🌎💘💰

[@earag31415]

My interest account was closed with little notice as per their discretion. The reason really being they weren’t getting any money from me. A bank that acts that way is just sketchy.

[@africanbeauty7]

They did the same to me. Lying, thieving, no good scoundrels.

[@Curlyblonde]

They want the Big Boys with suitcases full of cash.

[@bravosierra2447]

HSBC is not afraid to do it.

[@missychan1]

How is this different from offshore Swiss accounts?

[@KeepRCHN4TheSTRS]

How else will these top-of-the-line fentanyl precursors and methamphetamine precursor money be washed?

[@batonrouge6446]

When the guy gave his handing over of the bank speech, who was the female sobbing like she was at a funeral? What was her malfunction?

[@garymiller4141]

Well I guess HSBC does not have to worry about a bank run like somany in the USA,With all of those illegal deposit there balance sheets must be bursting ar the seems

[@eccentrixlab1264]

SHOULD ASK FURTHER WHO THE ONE PRINTED THE USD DOLLAR...A SCAMMER CHASING A SCAMMER??🤣🤣🤣🤣🤣

[@bill4056]

HSBC is owned by the BRITISH. and HSBC is Located in Hongkong to serve those connected with opium trade after the opium war