Anti-money-laundering or anti-independence legislations.

[LiarSOB]

There is one thing, every country agrees upon, and that is the international anti-money-laundering laws, that say that every individual and entity with any (combination of) accounts more than $10,000 in any country, must declare all of it. This is why even your tourist customs forms have that line too.

But now, add that any country can couple this with any of its ad-hoc taxation penalty laws as they make them up as they go along, and then you are robbed, with absolutely no protection. So, the question is this, are these laws really anti-money-laundering, or are they just a control measure to lock you into wherever some power wants you?

At least 100 years ago your trade routes were robbed by individual cities where you seeked a point of sale. Now you are robbed by the international cooperation of all powers. HAHAHA

[waltky]

Millions in assets linked to stolen Venezuelan oil funds laundered in South Florida frozen by the feds...

Feds freeze millions in assets linked to stolen Venezuelan oil funds laundered in South Florida
August 22, 2018 - Federal prosecutors have frozen hundreds of millions of dollars in South Florida luxury real estate and other assets linked to a network of Venezuelan business people and former government officials charged with laundering more than $1 billion that U.S. authorities say was stolen from the country’s vast oil income.

Among the targeted assets are at least 17 South Florida homes, condos and horse ranches ranging in total value from $22 million to $35 million, based on property assessments in public records and real estate market estimates. They include a condo in the Porsche Design Tower in Sunny Isles, a residence on Hibiscus Island overlooking Biscayne Bay, four homes in the exclusive Cocoplum neighborhood of Coral Gables, and two ranches in the wealthy equestrian community of Wellington in Palm Beach County. Also facing federal forfeiture: More than $45 million that has already been seized by U.S. authorities in the past year, along with additional deposits at City National Bank of New Jersey and other financial institutions in the Bahamas, England and Switzerland.

This week, the U.S. Attorney’s Office filed a motion to freeze the assets of nine defendants recently charged with conspiring to commit money laundering by transferring funds from Venezuela’s state-owned oil company, PDVSA, to South Florida, the Caribbean, Europe and Central America for their personal enrichment. Some of the defendants are close to the nation’s president, Nicolás Maduro, who is also under investigation, the Miami Herald has learned. Their assets — including the Porsche Design Tower condo owned by former PDVSA legal counsel Carmelo Urdaneta Aqui — are typically listed in other people’s names or corporate companies to disguise the defendants’ ownership interests, prosecutors say. U.S. District Judge Kathleen Williams granted the prosecution’s motion, which prevents the defendants from selling their assets. The Feds can seize the properties only if they secure convictions through plea deals or at trial.

The Porsche Design Tower in Sunny Isles Beach was mentioned in a recent federal indictment when prosecutors alleged a Venezuelan official bought a $5.3 million condo there as part of a money-laundering scheme. The developer was not implicated in wrongdoing.

Only two of the nine defendants charged so far are in custody. Matthias Krull, a German national who resided in Panama and also worked as a private-wealth management banker in Switzerland, pleaded guilty on Wednesday in Miami federal court to conspiring to commit money laundering. Krull, 44, who was arrested last month at Miami International Airport and is being held at the Federal Detention Center, admitted in court that he was involved in at least $550 million worth of money-laundering activities. Krull, represented by lawyer Oscar S. Rodriguez, is cooperating with Homeland Security Investigations and the U.S. Attorney’s Office, according to his plea agreement. By pleading guilty, Krull faces up to 10 years in prison instead of potentially twice that amount of time under an indictment charging the other eight defendants. Krull’s sentencing hearing is set for Oct. 29 before U.S. District Judge Cecilia Altonaga.




The only other defendant in custody is Miami-based investment broker Gustavo Adolfo Hernandez Frieri, 45, who was arrested last month in Italy and is facing extradition. Hernandez, 45, a Colombian-born naturalized U.S. citizen, is accused of using his Miami financial firm, Global Securities Advisors, and another firm, Global Strategic Investments, to launder money with false mutual-fund investments. A Homeland Security investigator says in a criminal affidavit that the two brokerage companies, which are listed as having offices at 701 Brickell Ave., are “affiliated” and were used by Hernandez for meetings with members of the money-laundering network. Representatives of Global Strategic Investments insist Hernandez has had no involvement in the firm, which is headed by Hernandez’s brother, Cesar. The remaining seven defendants, including two former PDVSA senior officials accused of pocketing bribes as part of the alleged massive money-laundering scheme, are in Venezuela or other foreign countries.

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[donttread]

There is one thing, every country agrees upon, and that is the international anti-money-laundering laws, that say that every individual and entity with any (combination of) accounts more than $10,000 in any country, must declare all of it. This is why even your tourist customs forms have that line too.


The main thing is that you get robbed by someone legally

But now, add that any country can couple this with any of its ad-hoc taxation penalty laws as they make them up as they go along, and then you are robbed, with absolutely no protection. So, the question is this, are these laws really anti-money-laundering, or are they just a control measure to lock you into wherever some power wants you?

At least 100 years ago your trade routes were robbed by individual cities where you seeked a point of sale. Now you are robbed by the international cooperation of all powers. HAHAHA