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Senate report: 'Dirty money' still entering US
Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780

Posted: 2/4/2010 5:40:37 PM

By: zino

WASHINGTON -- Foreign leaders and their families are still able to channel hundreds of millions of dollars in potentially corrupt money into the United States despite post-Sept. 11 laws cracking down on money laundering, according to a report released at a Senate hearing Thursday.

Posted: Saturday, August 13, 2011

Posted: 2/10/2010 2:53:11 PM

By: lawyer trust acct. loophole to $ laundering

Sidley Austin's transfer of millions on behalf of Central African official highlighted in Senate report.

Another example, feds charge Boston area lawyer for money laundering via allegations that he used trust account to launder for drug dealers.


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Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
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As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.