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Home > ChatterBank > What Would Have Prompted Rich Russians To Deposit Their Money In Unsecure Cypriot Banks?

What Would Have Prompted Rich Russians To Deposit Their Money In Unsecure Cypriot Banks?

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sandyRoe | 16:16 Mon 25th Mar 2013 | ChatterBank
5 Answers
Could they hold their financial advisers acountable?
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Avatar Image bookbinder
Maybe they knew what they were doing, and they expected something in return?
16:19 Mon 25th Mar 2013
Avatar Image grasscarp
money laundering - no questions asked
16:19 Mon 25th Mar 2013
Avatar Image Sqad
Perhaps a minimum of 5% interest on their deposits may have been an incentive.

Where can one get a good return on one's savings these days?
16:23 Mon 25th Mar 2013
Avatar Image sandyRoe
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Nowhere, Sqad. And anyone that says you can should explain how they're doing it and explain fully what the risks are.
16:29 Mon 25th Mar 2013
Avatar Image Sqad
LOL.
16:29 Mon 25th Mar 2013

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