Warehouse bank

warehouse bank account is a bank account at a regular commercial bank in which all clients’ funds are commingled or pooled, for the purpose of concealing the client’s ownership of the funds. [1] [2]

References

  1. ^Scheme Involved Nevada Corporations, Bogus Insurance And Consulting Expenses, “Warehouse Bank,” And Offshore Credit Cards
  2. ^Federal Court in Seattle Permanently Shuts Down “Warehouse Bank” Tax Defier Operation with $28 Million in Deposits over Four Years

Ofer Abarbanel online library

Ofer Abarbanel online library

Ofer Abarbanel online library