your questions about money laundering and banks

Your Questions About Money Laundering And Banks

Thomas asks… Is gold chloride used to convert currency? I had a convo with someone last night.. about money laundering and i was told that people secure money by keeping them in some form, only after washing them with a gold chloride solution can you turn them back to normal? is this true? and are […]

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Your Questions About Money Laundering And Banks

Maria asks… For a home purchase, is it required that money be in my bank for 60 days? Because of the anti-money laundering laws here in the USA, I was informed by a real estate salesman that down payment money must be in my account for sixty days. Searching the wording in the USA PATRIOT […]

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Your Questions About Money Laundering And Banks

Charles asks… Is there anything like Moneybookers or Paypal which is designed for sending money to friends etc.? My friend in the US often sends me money(I’m in the UK) but Paypal and Moneybookers both lock our accounts as a risk(Probably looks like money laundering) and ask for invoices and tracking numbers of items we’ve […]

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Your Questions About Money Laundering And Banks

Joseph asks… I forgot the name of the Chinese bank that helped the terrorist organization Hamas? can you tell me the name? I read somewhere that a major Chinese bank was involved in money laundering for the Hamas terrorists and several other terrorist organizations. Which Chinese bank was this? Pip answers: It was Bank of […]

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Your Questions About Money Laundering And Banks

Richard asks… Why are Swiss bank accounts so popular among wealthy individuals? What do they allow them to do? I know they’re great for evading taxes because of Switzerland’s secrecy laws, but what would attract non-money laundering individuals to these banks? Thank you I don’t get it.. you still have to report your income though. […]

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