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Home ›From respectable lawyer to Mob money-launderer
(The Daily Mail): In an extract from The Laundry Man by Ken Rijock, the author describes how he set up shell companies with bank accounts in the British tax haven of Anguilla in the 1980s. Once a respectable Miami lawyer, he began laundering millions of dollars for the Mob and Colombian drug cartels. With the assistance of a corrupt high ranking Anguillan official and customs officers who turned a blind eye to briefcases full of cash, it was surprisingly easy, Rijock writes. That is until a joint task force – the first of its kind – was set up between Scotland Yard and the FBI, which started to unlock the secrets of the tax havens, and Rijock discovered there is no honour among thieves
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Every Cayman attorney who
Every Cayman attorney who smugly now tells us of KYC and AML and "tax neutrality" can tell a similar story of how their firms and their wealth started launder the proceeds of crime and the assets of tax dodgers.
So can lawyers in Delaware
So can lawyers in Delaware and London.
Whats your point?
Not really. That's why
Not really. That's why Delaware does not share your bad reputation for money laudering. You're just looking for an alibi.
Considering expert research
Considering expert research into this, you are very ill-informed - Delware sucks when it comes to due diligence and money laundering, Cayman came out as the leader in due diligence procedures to avoid money laundering.
The U.S. is the centre of
The U.S. is the centre of money laundering. Anyone recall the huge Bank of New York moneylaundering scandal where BNY was given a slap on the wrist?
Delaware doesn't have a bad reputation because it is in the U.S. It is pure hypocrisy. Dirty money often enters the banking system in the U.S. gambling casinos, horse racing - you name it. But it is always someone else's fault with the U.S. Cayman is just a scapegoat.
I like the fact that the
I like the fact that the response was deflection not denial. Says a lot. The "Delaware is just as bad" defence is wearing a bit thin.
so is throwing stones from a
so is throwing stones from a glass house, mate
Given that I am not in a
Given that I am not in a glass house and I doubt you are my "mate" (what is this Mary Poppins Appreciation Week?) I think your attempt to deal with the criticism of deflection by more deflection was getting as desperate as it was baseless.
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