Posted by Bridgette
The Corrupt Obama Administration and the Lamestream Media Aren’t Reporting? Why Might that Be?
“Money laundering happens in almost every country in the world, and a single scheme typically involves transferring money through several countries in order to obscure its origins.
Money laundering, at its simplest, is the act of making money that comes from Source A look like it comes from Source B. In practice, criminals are trying to disguise the origins of money obtained through illegal activities so it looks like it was obtained from legal sources. Otherwise, they can’t use the money because it would connect them to the criminal activity, and law-enforcement officials would seize it.”
Posted in Corruption, Pending Legislation & Lawsuits, Scandals
Tagged Abeel v Bank of America, Bank of America, CitiBank, Citigroup, Eric J. Wittenberg, FDIC, Federally Chartered Banks, government corruption, International Money Laundering, J.P. Morgan, Laundering Taxpayer money, One West Bank, Sen. Dianne Feinstein, Shell companies, Spire Law, Wells Fargo Bank