Money Laundering Schemes

[Dark Knight]

Is it really true that all banks in the world is one way or another involved in money laundering schemes?

Do you think the CHC in Sillypore is also involved in such a schemes as well?

 

[Cestbon]

If not transfer money here and there for what purpose?
Only 2 purpose corruption and money laundering.

 

[Leongsam]

Is it really true that all banks in the world is one way or another involved in money laundering schemes?

You obviously don't know the definition of "money laundering" in the first place.

 

[Dark Knight]

You obviously don't know the definition of "money laundering" in the first place.

Why don't you "Advise/Advice" us your own understanding and definition of "money laundering"?

 

[Leongsam]

Why don't you "Advise/Advice" us your own understanding and definition of "money laundering"?

ALL banks are involved in money laundering in one way or another. However, MOST banks are not complicit to the crime.

 

[cockie]

The IMF has said that between $600 billion and $1.5 trillion of illicit money is laundered annually, equal to 2% to 5% of global economic output. Today, offshore is where most of the world's drug money is allegedly laundered, estimated at up to $500 billion a year, more than the total income of the world's poorest 20%. Add the proceeds of tax evasion and the figure skyrockets to $1 trillion. Another few hundred billion come from fraud and corruption. "These offshore centers awash in money are the hub of a colossal, underground network of crime, fraud, and corruption" commented Lucy Komisar quoting these statistics.

 

[singham]

alright man, what is the new mission?:kma:

 

[GOD IS MY DOG]

banks like HSBC and Stanchart were started primarily for money-laundering by the Brits...........

HSBC was started to launder opium money earned in China way back around the Opium War

 

[looneytan]

banks like HSBC and Stanchart were started primarily for money-laundering by the Brits...........

HSBC was started to launder opium money earned in China way back around the Opium War

POSB leh.. ?

 

[chootchiew]

Is it really true that all banks in the world is one way or another involved in money laundering schemes?

Do you think the CHC in Sillypore is also involved in such a schemes as well?

The bank I worked in previously has a money laundering system (MLS). Not sure is it for anti laundering or to launder also. Anyway whenever I try to deposit large amount of cash like $500k into any bank they will interrogate me like I wanted to launder money . So looks like MLS is a manual means. I think your answer is yes and no lor.

 

[oli9]

Do you think the CHC in Sillypore is also involved in such a schemes as well?

CHC didnt money launder. That nicompoop useless finance manager, Serina Wee, did some round tripping without atcually covering their tracks. I wonder what kind of finance background she has & what kind of loan syndication experience she has prior before joining the church. Very amateruish stuff.
There's 1001 ways to skim the cream off the top but cannot discuss openly. These are trade secrets.

 

[wendychan]

One doesnt need finance backgorund, just sleep ones way to thr top can already
:kma:
Boo hoo oo
U know who

 

[PrinceCharming]

Is it really true that all banks in the world is one way or another involved in money laundering schemes?

One has the misconception that money-laundering schemes have to involve banks or financial institutions.

Just see how Temasick's subsidiaries shift funds around.

If you want to know more, get to know Ho Jinx. If she likes you, she will tell you the secrets.