Daily Kos: Money Laundering? Offshore Accounts? You Don’t Say!

The following is an excellent article written by Bob Johnson on the Daily Kos website on June 14, 2017 titled “Money Laundering?  Offshore Accounts?  You Don’t Say!” and I quote:

Money_Laundering_Flow_Chart.jpg

Has anyone heard from Mike Flynn lately? What happened to him? Witness Protection program? Heh.

Just to add to the breaking news this evening from the Washington Post on Mueller looking into possible obstruction of justice by Trump, The New York Times follows up with a story that ends with this paragraph:

A former senior official said Mr. Mueller’s investigation was looking at money laundering by Trump associates. The suspicion is that any cooperation with Russian officials would most likely have been done in exchange for some kind of financial payoff, and that there would have been an effort to hide the payoffs, most likely by routing them through offshore banking centers.

Recall that on May 31, Bloomberg reported that Mueller had added Andrew Weissmann, the DOJ’s top corporate fraud and foreign bribery investigator, to his team:

Justice Department fraud chief Andrew Weissmann is the most senior government lawyer to join Mueller, the former Federal Bureau of Investigation director who became special counsel on May 17, said two people, who asked not to be named discussing a personnel matter that hasn’t been made public.

As the head of the fraud section in the Obama administration, Weissmann’s specialties have included overseeing investigations into corporate wrongdoing and foreign corruption — including probes into Volkswagen AG over diesel-cheating, global banks over market manipulation and Brazil’s state-owned oil company Petrobras over corrupt payments.

Payoffs? Offshore accounts? No wonder Trump wanted Comey to drop the Flynn investigation. Well, that plus Mike Flynn is just a great, great guy. Right?

Right?

Wednesday, Jun 14, 2017 · 10:14:02 PM CST · Bob Johnson

And jaywillie reminded me of this story reported by USA Today yesterday:

Over the last 12 months, about 70% of buyers of Trump properties were limited liability companies – corporate entities that allow people to purchase property without revealing all of the owners’ names. That compares with about 4% of buyers in the two years before.

Just a coincidence, of course.

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About tim074

I'm a retired dairy farmer that was a member of the National Farmer's Organization (NFO). Before going farming, I spent 4 years in the United States Air Force where I saved up enough money to get my down payment to go farming. I also enjoy writing and reading biographies and I write about myself as well as articles and excerpts I find interesting. I'm specifically interested in finances, particularly in the banking industry because if it wasn't for help from my local Community Bank, I never could have started farming which I was successful at. So, I'm real interested in the Small Business Administration and I know they are the ones creating jobs. I have been a member of Common Cause and am now a member of Public Citizen as well as AARP. I have, in the past, written over 150 articles on the Obama Blog (my.barackobama.com) and I'd like to tie these two sites together. I'm also on Twitter, MySpace and Facebook and find these outlets terrifically interesting particularly what many of these people did concerning the uprising in the Arab world. I believe this is a smaller world than we think it is and my goal is to try to bring people together to live in peace because management needs labor like labor needs management. Up to now, that hasn't been so easy to find.
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