Billionaire divorce exposes secret trusts in South Dakota
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Billionaire divorce exposes secret trusts in South Dakota

The world's wealthy have stashed over $300 billion in secret trusts in South Dakota, which has become a global leader in sheltering fortunes from governments and tax authorities. Now, a billionaire divorce shows how the trusts can also be used against ex-spouses. CNBC's Robert Frank reports.
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Wed, May 6 20207:00 AM EDT