If you use a secret account to fund expensive separate vacations, clothing, hobbies, an affair, etc.
FORBES: Pros And Cons Of Keeping A Secret Fund In Case You Divorce
At least three Germans were executed over their foreign accounts, Fehrenbach writes, and the Gestapo tortured others to get their secret account numbers and routing information so the money could be wired back to Germany.
The later phrase Grabowski also adopted in acronym form (DNG) for a secret bank account he used to hide money from his now ex-wife.
Prosecutors say Crundwell began depositing Dixon's money in a secret bank account in January 1991 and continued doing so until her arrest in April 2012.
BBC: Rita Crundwell jailed for $53m theft from Dixon, Illinois
Aside from being ineffective - friends cannot read private messages - it encourages an erosion of trust and could lead children to be tempted into using a "secret" account, away from prying eyes.
BBC: Child safety measures to protect against internet threats
France's ex-Budget Minister Jerome Cahuzac has been charged with fraud over a secret Swiss bank account.
You may want to keep a foreign bank account secret from your spouse, employer or business partner.
FORBES: Beware Bank Interest Reporting Even For Nonresidents
Mediapart has reported that Cahuzac had a secret UBS bank account until 2010, when the funds were transferred to Singapore.
Another former holder of a secret UBS AG account got off with probation Tuesday, when federal sentencing guidelines suggested a sentence of six months to a year.
FORBES: How A $200,000 UBS Account Grew Into A $21 Million Penalty
Today they can handle 80 times more information than the most advanced magnetic-stripe plastic, which usually contain little more than a name, an account number and a secret ID code.
By year-end all federal banking agencies will require online banks to ask for two forms of identification to access an account, like a thumbprint or a secret question.
"You will not share your password, (or in the case of developers, your secret key), let anyone else access your account, or do anything else that might jeopardize the security of your account, " the agreement reads.
The ex-CEO of Comverse Technology arranged a secret slush fund of stock options by directing grants to "phantom" employees in a special account set up for the purpose, according to federal prosecutors.
Now here's Wall Street's dirty secret: Brokerage firms are free to lend out any shares that customers put in margin accounts, the kind of account that allows the customer to borrow against his securities.
应用推荐