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Re:
At 02:57 PM 4/19/96 -0700, [email protected] wrote:
>Black Unicorn wrote:
>
>>>
>>
>> Clever kidnappers make arrangement in advance to deposit this cash with
>> willing financial institutions who will hold it for several years before
>> mixing it into their cash withdrawl stream. Kidnappers are paid based
>> on a subtraction of interest for the period while the cash is undeposited
>> and earns no interest for the financial institution, plus a fee.
>>
>> BCCI was quite notorious for using this method to cool off hot money.
>>
>> When the money was only mildly hot, it was simply physically transported
>> to offshore banks in smaller lots and used for their cash payouts.
>> (While riskier, this allowed the payment of interest).
>>
>> The other option was simply to launder the money through enough
>> agitations so that two or three banking secrecy entities were between the
>> return of the currency to free circulation and the kidnappers.
>>
>
>christ.
>
>who the hell is this guy?
He's a person whose entire income stream (or most of it, probably) is
derived from the misbehavior of government.
Jim Bell
[email protected]