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Originally Posted by VeriSexy
Don't think they have any right to freeze it, that's why Swiss accounts are so popular
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If you are a citizen of the United States, IRS regulations require you to report all offshore accounts. I can not think of one financial institution that would chose not to do business with the United States and not verify said accounts were reported. The days of super secret Swiss numbered accounts have been long gone. Gosh, I wonder how Yasser Arafat's $300 million in assets along with the $900 million he had stored away that was stolen from Palestinian public accounts were frozen and eventually seized and he isnt a citizen of the United States.
Perhaps you were slepping for the past 10 years.
Offshore accounts are not frozen unless illegal activity is suspected.