For decades, Liechtenstein has offered high-net-worth individuals a financial haven: political stability, institutions specializing in private banking, and favorable regulations for managing their wealth. But above all, this small country nestled between Switzerland and Austria offered the promise of discretion and the ability to safeguard money within a legal structure without the owner’s name being visible to the public. But that promise has been shattered in recent days.
Liechtenstein, a haven of secrecy for the ultra-rich, is beginning to crumble
The country was the target of a cyberattack in which the criminals weren’t after money, but rather closely guarded data: the real owners behind multimillion-dollar foundations
