Life In Prison For Bankers And Lawyers Knowingly Laundering Money

[DanieRains]

For:

Drug dealers
Oligarchs
Corrupt Politicians
Dictators

Rec if you agree.

[Skittles]

1. I wouldn't say life

but....long enough to be a deterrence

[Enter stage left]

2. 25-50 years?

[Skittles]

5. let's say 40

of course, if genocide is involved, well that is life for sure

[Xolodno]

3. Pretty hard to launder money these days using traditional methods.

A lot of checks go into real estate, life insurance, banks, etc. Actually, if you are trying to launder money in the USA you are doing it wrong. A number of nations have laws that basically "allow" you to do that. Thier banks take US dollars and convert it into its currency and then you head over to the USA with a foreign bank account and convert it back to dollars....assuming you want dollars. Euro's are becoming more of the currency of choice. To really shut it down, you practically have to stop a lot of economic activity...that's not happening.

[BigMin28]

4. Add so called real estate

developers to the list and you have a plan. A lot of money is laundered through real estate.