The Irony of the Bidens' CRS Reporting Practices

Peter Schiff: Westpac in Australia was fined like $2 billion for millions of anti money laundering violations that were made by its correspondent banks. None of those multimillion violations were related to my bank, even though we were a correspondent customer of Westpac, he says. Schiff: They accused the one bank that had a relationship with Westpac that was squeaky clean. We did nothing wrong.