Laundering 40 million quid

[Finn]

open a swiss bank account... no name... no contact details.... no tax...

Not quite. Times have changed...

The fight against money laundering is a priority for Switzerland. The Swiss authorities have been actively involved in the fight against money laundering for a number of years now, with the full support of the Swiss banks. In reality, it is not at all in the Swiss banks' interest to accept criminal funds: they do not need to take these kinds of risks to be profitable.

Switzerland has implemented preventive and repressive steps against money laundering in the form of modern and comprehensive tools that activate effective procedures both within the bank itself and on an international level.

If the bank has the slightest suspicion about a transaction, it is under obligation to inform the Federal Reporting Office for Money Laundering without delay.

A Swiss judge can order the lifting of bank secrecy at any moment and seize the unlawful holdings if there is proof that the account is a criminal matter according to Swiss law.

My idea is more exciting and has a certain Bond feel to it. And you can drive to Monaco from London.

[WRT]

Drugs. Lots and lots of drugs.

[marty]

10 grand a day at the casino would take more than 10 years to spend, and i think someone would be onto you by then. not to mention that 40 million quid would garner a pretty healthy interest amount (at least 6k a day...). spending it on big $$ legit stuff would actually be real hard. even though yachts aren't registered, SOMEONE is going to ask a question when the broker/agent turns up at their bank to deposit a million quid in folding. even depositing 10 grand a day (for 4000-odd days!) in a bank at isle of mann, or dubai, or some other tax haven, is going to get someone talking.

[placidfemme]

well all those bung ideas aside... they could always get into the crim business and become loan sharks...

[Hitcher]

What's with all this stuff about yachts not being registered? Basically if it floats, it requires registration under some marine law or other -- with the possible exception of lilos, sea kayaks and other "personal watercraft" (although many countries require Jetskis and their non-Kawasaki equivalents to be registered as well). Yes, there are "flags of convenience" that some owners of shipping use for exactly that purpose, particularly when they want to minimise their payroll and other forms of liability they may encounter if that vessel was locally registered, but those vessels are still "registered" and known to a variety of international monitoring agencies, including Lloyds.

[Ixion]

Only if you want to insure it, I think. And there are few checks on who you are or what the vessel is.

[WINJA]

If the bank has the slightest suspicion about a transaction, it is under obligation to inform the Federal Reporting Office for Money Laundering without delay.

.

WHAT ABOUT IF ITS JEWISH FILLINGS , IS THAT INTERESTING ENOGH

[Finn]

WHAT ABOUT IF ITS JEWISH FILLINGS , IS THAT INTERESTING ENOGH

Ah, the good old days of banking. Mentioning the Jews without cracking a joke must have been hard for you Eric. I know I'm struggling...

[WINJA]

Ah, the good old days of banking. Mentioning the Jews without cracking a joke must have been hard for you Eric. I know I'm struggling...

TELL ME ABOUT IT , I HAVE A JEWISH FRIEND AND I JUST CANT HELP IT , HEY DIRTY JEW OR OI YOU FAT JEW , IT NEVER ENDS , STILL IF IT UPSET HIM HE WOULDNT HAVE BEEN MY FRIEND FOR 15 YEARS

[WINJA]

btw , he calls me coco racer and stuff so its all fair

[Finn]

TELL ME ABOUT IT , I HAVE A JEWISH FRIEND AND I JUST CANT HELP IT , HEY DIRTY JEW OR OI YOU FAT JEW , IT NEVER ENDS , STILL IF IT UPSET HIM HE WOULDNT HAVE BEEN MY FRIEND FOR 15 YEARS

Watch him mate. He's up to something. I wouldn't trust him.

[myvice]

The fight against money laundering is a priority for Switzerland.

Switzerland has implemented preventive and repressive steps against money laundering.

My idea is more exciting and has a certain Bond feel to it. And you can drive to Monaco from London.

The Russian banks however, most which are owned by the Russian Mafia, don’t harbour such morals.

But the Bond thing sounds like the way to have a few laughs!