|
Once in another line of work I had the Treasury knock on the office door because of the "know your customer" rule. Scared the ever loving shit out of me. Now if I had know my client, who was generating substantial commission dollars each month, was actually stealing the money from bank trust accounts then I would have been in Leavenworth or Eglin. If an employee of that bank had informed me what he was up to I would have closed his account within 10 minutes and been on the phone to my regulator and Treasury.
It is very simple, to maintain your reputation, never lie down with dogs.
|