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Big News From Switzerland – Bank Secrecy Dead- Even For Italians

We were driving across the border around 2PM yesterday, leaving Switzerland at Chiasso to enter Como. It was not rush hour — yet there was a back up of hundreds of cars waiting to cross the border into Italy. Most had Italian plates. All were being stopped, questioned, and usually searched. There were dozens of uniformed Italians from the “Guardia de Finanza” and also many cops from the Swiss Dogana –seemingly working together.

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