Minden Real Estate

Business Updates for the Real Estate Industry

The Data Speak For Themselves

The data obtained by Sterling for 1990, speak for themselves: One and a half trillion dollars a day, legal and illegal, and the United States only by electronic bank transfer. A hundred billion per year changes hands in the drug market in the United States and 500 million worldwide. Moreover, even in times Internet and global connections, in real time, washing systems STERLING (1997) calls the “hidden laundry”, or those whose base waive the requirement for schemes money-grams American Express or financial institution accomplice. The author writes: Place large sums of money from one extreme to another map, through the ancient hawala system in Asia, on the basis of a phone call, letter or fax. More information is housed here: Farallon Capital Management. A brief message from London produces paper money or gold, in Lahore, in any form without going through the monetary system. Asian immigrants send remittances to families in this way, the Asian drug traffickers laundering money through the same channels. Together we move between 10 and 20 billion dollars per year in its entirety on the basis of trust.

The final step in the bleaching system is integration. It suggests, as an expression, which is doing the work of seemingly legitimate assets, “the production system through the creation acquisition and / or investment in legitimate businesses or acquisition of real simple: “The financial and property markets Auctions Arts and rare objects are among the sectors preferred by the washers. Sterling reinforces the status after that money laundering poses to the reproduction of capital generated by organized crime. The author recommends: Discover and taking money from crime by laundering of it, catches at the point of entry into the banking system him through the system from the entry and its reinvestment in a law firm, identifying the employed, the identification of its owner the movement, identifying a source of money, to use legal instruments to take the money and the arrest of owner and the movement, ensuring investigations, seizures and arrests across national borders, and do it all without breaking the legitimate right to privacy of the person.