Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: judicial meanz

There's a difference between wiring cash and smuggling. I'm not sure they're related.


179 posted on 08/10/2004 3:07:03 PM PDT by HipShot (EOM couldn't cut the head off a beer with a chainsaw)
[ Post Reply | Private Reply | To 178 | View Replies ]


To: HipShot

They do a lot of money laundering operations. Sometimes they ship money out in suitcases from their front businesses to a contact overseas.

My guess would be they use all types of transactions to withdraw and preserve their money.


181 posted on 08/10/2004 3:09:25 PM PDT by judicial meanz
[ Post Reply | Private Reply | To 179 | View Replies ]

To: HipShot
There's a difference between wiring cash and smuggling. I'm not sure they're related.

Not necessarily. Wire transfers are easily traced. In the pre 09.11 world, that was not really an issue because we weren't targeting the financial backbone of AQ et.al. In the post 09.11 world, tracing wire transfers and other financial transactions is a key elemement of the war on terror. Smuggling the cash is much harder to track.

517 posted on 08/11/2004 4:59:01 AM PDT by Labyrinthos
[ Post Reply | Private Reply | To 179 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson