Sorry for not posting the past two days - I was away at a conference and there were connection issues. So - back to work.
NORTH KOREA
I fully admit I place this country on this list for one reason - there is nothing to say about it.
North Korea (officially the Democratic People's Republic of Korea) is probably, for all intents and purposes, the most repressive regime on Earth, an Orwellian nightmare on steroids. Volumes have been written about its human rights violations and the entire country is virtually a slave society to the despotic whims of its "Dear Leader" - Kim Jong Il. The previous leader, Kim Il-Sung, although dead for almost twenty years, lives as the "President for Eternity."
This country has an economic system in ruins. As a result, its' currency, the North Korean won, has no value outside of the country (other than for collectors). There is no possibility of using North Korean institutions to launder money because every institution of any value (whatever little their is) is controlled by the State. Possession of foreign currency is illegal for most North Korean citizens. There is literally no way that any money laundering can occur.
This has led, however, to the North Korean government using illegal means to raise hard currency, including the forgery of U.S. money. But, this is another story.
As always, have a great and fraud-free day.
http://www.tauskvega.com
---------------->>>>>>>>>>>>>>>gene tausk
NORTH KOREA
I fully admit I place this country on this list for one reason - there is nothing to say about it.
North Korea (officially the Democratic People's Republic of Korea) is probably, for all intents and purposes, the most repressive regime on Earth, an Orwellian nightmare on steroids. Volumes have been written about its human rights violations and the entire country is virtually a slave society to the despotic whims of its "Dear Leader" - Kim Jong Il. The previous leader, Kim Il-Sung, although dead for almost twenty years, lives as the "President for Eternity."
This country has an economic system in ruins. As a result, its' currency, the North Korean won, has no value outside of the country (other than for collectors). There is no possibility of using North Korean institutions to launder money because every institution of any value (whatever little their is) is controlled by the State. Possession of foreign currency is illegal for most North Korean citizens. There is literally no way that any money laundering can occur.
This has led, however, to the North Korean government using illegal means to raise hard currency, including the forgery of U.S. money. But, this is another story.
As always, have a great and fraud-free day.
http://www.tauskvega.com
---------------->>>>>>>>>>>>>>>gene tausk
No comments:
Post a Comment