the origin of the term “money laundering” comes from infamous gangster Al Capone’s practice of using a chain of laundromats he owned to launder huge amounts of cash.
Money Laundering Basics HowStuffWorks The most common types of criminals who need to launder money are drug traffickers, embezzlers, corrupt politicians and public officials, mobsters, terrorists and con artists. Drug traffickers are in serious need of good laundering systems because they deal almost...
When a few friends and I went in on a littleflashmob surprise room makeoverfor a friend, we were workin’ with a miniature little budget. We pulled the whole room together for about $250, so spending lots of cash on fancy bedding was out for us. We still wanted something textural, s...
UPI: “Brauman and two anthropologists who specialize in the problems of Africa charged that the relief stations set up by relief groups, such as Unicef and Save the Children” -- both charities were recipients of Live Aid largesse -- “are used as ‘bait’ to draw Ethiopians away f...
launder drug money through American quarter-horse racing. I assumed bricklaying was just a cover for José—that he’d always been some stateside operative for Los Zetas, and that the feds had finally sniffed him out. But the more I looked into it, the more complicated the story became, an...