questionable banking

rodneyperry

assuming that cybercriminals are using offshore banks where common folks who arent doing anything illegal, what i cannot seem to understand is the following. why is it that when cybercriminals again assuming they are using financial institutions that honest hard working folks use usually, typically enjoy their laundered money in third world countries but never first world nations like new zealand, australia, canada, usa, japan, western europe, ect....? why is that the case time and time again in the biggest cases ever? why cant cybercriminals enjoy their laundered money in first world nations even with the most stealth money laundering techniques? why do such criminals usually only enjoy this laundered money in third world nations like africa, maybe the middle east, latin america, ect....? why would that be the case? can someone please give me their opinion. thank you.

Thrugelmir

Could you clarify your question?

Voyager2002

Your basic premise is wrong: once money has been laundered it is very easy to enjoy it in London.

LateStarter

I find it exceedingly odd that someone would join the MSE forums (seemingly) for the sole purpose of asking this question.



OP, what exactly are you trying to find out?

Jonbvn

LateStarter wrote: »

I find it exceedingly odd that someone would join the MSE forums (seemingly) for the sole purpose of asking this question.

LOL. Should it be rephrased as

"How can I launder money in the UK?"

;);)

dealer_wins

Maybe Africa has more high street launderettes than Western countries.

badger09

Thrugelmir wrote: »

Could you clarify your question?

Probably not;)

londoninvestor

Sounds very much like this poster:
https://forums.moneysavingexpert.com/discussion/5712502/offshore-banking

(see also various similar threads under different identities)

Along the lines of "how can I shuffle my (entirely legit) wealth between Latin American countries without the US or Canadian tax authorities knowing?"