Well, we had a look at a great country which is a law and order civilization (Finland) which is a success story in fighting money laundering, despite its proximity to Russia which is rife with money laundering problems as well as issues with the rule of law.
Unfortunately, it is time to move to a country which is the "poster child" for abject poverty and an example of a country with no government of which to speak. This leads to money laundering as one of its endemic problems.
I am speaking of the poorest nation in the Western hemisphere: Haiti.
Haiti has a tragic history from its very beginning. The nation started off with promise, being one of the few countries to actually fight off its colonial master (France) with a revolt started by slaves (rare enough in itself). However, the nation went downhill. It shares the island of Hispianola with the Dominican Republic. The environmental degradation of the country is so great that it is easy to see from space where Haiti ends and the Dominican Republic begins.
Haiti has a very poor banking system, which makes it easy to launder money. Not a great deal of money is laundered into Haiti because no one really wants to attract attention by placing large amounts of money into the country's banks. As a result, Haiti is used as a transit point for money laundering.
By now a pattern should begin to emerge - when a government takes little interest in money laundering, it can be a problem.
As always, have a great and fraud free day.
http://www.tauskvega.com
-------------->>>>>>>>>>>>>>>gene tausk
Unfortunately, it is time to move to a country which is the "poster child" for abject poverty and an example of a country with no government of which to speak. This leads to money laundering as one of its endemic problems.
I am speaking of the poorest nation in the Western hemisphere: Haiti.
Haiti has a tragic history from its very beginning. The nation started off with promise, being one of the few countries to actually fight off its colonial master (France) with a revolt started by slaves (rare enough in itself). However, the nation went downhill. It shares the island of Hispianola with the Dominican Republic. The environmental degradation of the country is so great that it is easy to see from space where Haiti ends and the Dominican Republic begins.
Haiti has a very poor banking system, which makes it easy to launder money. Not a great deal of money is laundered into Haiti because no one really wants to attract attention by placing large amounts of money into the country's banks. As a result, Haiti is used as a transit point for money laundering.
By now a pattern should begin to emerge - when a government takes little interest in money laundering, it can be a problem.
As always, have a great and fraud free day.
http://www.tauskvega.com
-------------->>>>>>>>>>>>>>>gene tausk
No comments:
Post a Comment