You would think by now AML investigators from every corner of the globe would be watching this guy’s accounts like a hawk with a microscope.
I know that sometimes tracing cashflow is a delicate art, but it can definitely be done, especially if you are working with government-level resources
Yes. Just got back from the pediatrician and the take home handout said (again) not to feed your kid juice as there’s little to no nutritional value and a butt load of sugar
Not sure how common this is nationally, but around here it’s also common for the older generation to maintain two properties a “home” in the city/metro area near their kids or grandkids and a “cabin” which is literally a second home somewhere else.
I think it’d be great to give up the home in the metro and downsize to a condo or apartment, but that’s just me.
There are indeed many forms of money laundering which are considered illegal in America, and it is absolutely illegal if someone is accepting funds derived from illicit activity or sanctioned entities (like Russia). The government and most financial institutions generally take the stance that there are very few good reasons to obscure the ultimate source of funds, and so tend to be very risk-averse with such activity.
The trick is in confirming anything illicit is going on when there are potentially dozens of steps and borders in between the source and the recipient.