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To: 2ndDivisionVet

Spitzer raised suspicion by asking the bank to take his name off the transactions.


21 posted on 03/16/2008 4:15:48 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62
Spitzer raised suspicion by asking the bank to take his name off the transactions.

No question about it. In fact, the bank was probably internally questioning long before he asked. Structuring transactions to avoid cash transactions from being reviewed gets those type of transactions looked into even further.

23 posted on 03/16/2008 4:35:46 AM PDT by sirchtruth (No one has the RIGHT not to be offended...)
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To: Moonman62

I used to do anti-money laundering. There is a rules engine that alerts based upon any number of factors. I am unsure of what triggered this alert but a lot of cash moving across several accounts would probably be a trigger. Once you flag, it moves to the next level, and then the next level, etc.

He got snagged by laws that were not designed to snag him. Alan is right in this case and it should have been discretionary.


38 posted on 03/16/2008 6:09:54 AM PDT by wireplay
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To: Moonman62
Spitzer raised suspicion by asking the bank to take his name off the transactions.

AMEN!! And he also went to the POST OFFICE to buy MONEY ORDERS!!! What an IDIOT! Eliot the IDIOT!

47 posted on 03/16/2008 8:22:52 AM PDT by Ann Archy (Abortion.....The Human Sacrifice to the god of Convenience.)
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