Sentences with phrase «only money laundering»

So far the only money laundering case tied directly to Vancouver - area real estate involves the 2012 all - cash purchase of a Richmond condominium and a White Rock house by former China bureaucrat Jianjun Qiao, a fugitive now being sought by the Chinese government on corruption charges.

Following Adnan Shaaban Abou - Rahmah banks» and financial institutions» procedures should address not only money laundering disclosure obligations, but also potential civil claims.

Not exact matches

The vast majority also believed the abolition of notes and coins would cause problems to parts of the population, such as the elderly, while only a third saw it as a way to fight tax evasion and money laundering.

However, the crypto industry is growing stronger than ever and despite the old stigma that bitcoin is only used by cyber criminals and for money laundering, the industry is still booming in the country.

Only Kulikov was charged in the Promsberbank affair, but the names of his partners in the bank read like a who's who of Russian money laundering.

In the article, the MSM propagandist states such things as: 2017 has seen, according to his one time Goldman Sachs source, a «dramatic crash in [physical gold coin] demand,» that interest in gold coins is linked to «political conservatism, or anarcho - libertarianism» and «end of the world right wing sentiments,» that gold has been implicated in a «conspiracy to commit money laundering,» that gold is «financed by people in the narcotics trade,» that it comes from «illegal mines and drug dealers in Peru, Bolivia and Ecuador,» that «the federal authorities assume the NTR Metals [case] represented only a fraction of illegally sourced and financed gold,» that therefore the US attorney is broadly investigating the gold industry, that gold is «produced by exploited workers,» that «crude [gold] extraction techniques create serious and lasting environmental damage,» that gold plays an important part in «tax evasion,» that it is related to American gun sales, which the author abhors; that «drug dealers [use] gold imports as a way of laundering their proceeds,» and that «they came to realize that illegal gold [is] an intrinsically better business» than drug dealing; to name but a few of the aspersions cast against gold in the short article.

It is important to note, however, that the overall number of suspected money - laundering cases in Japan in 2017 currently stands at 400,043 — which means cryptocurrency cases reported during those 9 months only accounts for less than 0.17 percent of all suspected money - laundering cases.

And how sincere is our antidrug effort going to be when the financial community realizes that the cash flow from the drug trade is the only thing preventing a default by some of the heavily indebted Latin American nations or major money - laundering banks?

This news comes only a day after Parma owner Giampietro Manenti, and 21 others were arrested for fraud and money - laundering, and their week has only got worse.

«The only liberty that Liberty Reserve gave many of its users was the freedom to commit crimes, as it became a popular hub for fraudsters, hackers, and traffickers,» U.S. Attorney Preet Bharara said Tuesday in announcing charges against seven people in a $ 6 billion scheme that he billed as possibly the largest money - laundering scheme even seen in the United States.

«That you, Olisa Metuh and Destra Investments Limited on or about the 2nd Dec. 2014 in Abuja, did make a cash payment through your agent one Nneka Nicole Ararume to one Sie Iyenome of Capital Field Investment, to the tune of $ 1,000,000.00 USD (One Million United States Dollars) only and thereby committed an offence contrary to Section 1 of the Money Laundering (Prohibition) Act, 2011 as amended in 2012 and punishable under Section 16 (2)(b) of the same Act.

«This case is in essence a money laundering scheme... Porsha Williams Reveals the Only «RHOA» Co-Star She Would Trust to Set Her Up on a Date — Why Marlo Hampton Needs to Become a Full - Time

To protect you against fraud, unauthorized transactions (such as money laundering), claims and other liabilities, we only collect an identification number and order details which enable us to match each user to the payments he makes.

Books of gibberish are listed on Amazon.com for thousands of dollars, with one author claiming his name was used to send almost $ 24,000 to a fraudulent seller «Worthless» books priced at up to thousands, of dollars on Amazon.com and which contain only nonsensical text have been identified as possible vehicles for money laundering by an author whose name was, he says, used to send almost $ 24,000 (# 17,200) to an unknown and fraudulent seller.

Steve and Len Riggio (the owners) were only interested in laundering illicit money by dumping it into larger and larger stores.

The only thing worse than being scammed out of a large sum of money that you owe a bank eager to collect it is to get a knock on your door one morning and find a number of serious - faced federal agents there to inform you that you'll need to come with them because they think you're guilty of wire fraud, conspiracy to commit money laundering, and god knows what else.

Only a few days ago, the French American dealer Guy Wildenstein was charged in Paris with tax evasion and money laundering; this may be the first of several convictions, as he awaits trial for -LSB-...]

The US alone spends $ 7 billion each year on warming «studies», which is, in truth, nothing but a huge money laundering operation, as no real science is conducted and vapid alarmist reports the only product generated.

Setting up agencies and monitors for following the money only escalates the cost of the money laundering, not its perception nor destination.

They support groups whose only purpose in life is to launder their identity and the identity of other donors off of money so you can't follow the money behind these front groups, and they have spent a lot of money infiltrating universities so that they can create a veneer of university legitimacy around some of the things that they do.

However, some of its members, such as Herman Van Ommen, president of the Law Society of British Columbia, believe only transactions involving physical cash qualify as money laundering.

Early involvement of legal advisors is essential in order to ensure not only the best possible outcome, but to ensure that material provided during such investigations does not prejudice clients and lead to prosecutions for related offences such as money laundering.

Therefore it may only take a few instances of evidenced money laundering activity, or inadequate risk assessments and AML controls in the betting or other sectors for the remit of the Regulations to be extended to the wider industry.

In order to ensure that the funds are properly managed CrowdJustice will only hand them to the litigant's lawyer who is subject to professional rules for the handling of client money and protection against money laundering.

Most residential leases and most zoning statutes in places zoned residential would not prohibit the use of a premises as a home office used only by the resident and an occasional visitor (assuming that the business activity was not itself illegal like drug dealing, money laundering, loan sharking, prostitution or pimping, etc.).

Risk - based compliance and due diligence procedures are key to spotting the signs of criminal activity, and submitting SARs (Suspicious Activity Reports) will not only ensure you comply with the law, but also play a part in tackling money laundering before unlawful funds enter the economic system.

The country's concern with money laundering is particularly noteworthy — given that reports have suggested that cryptocurrency - utilized money laundering makes up only 0.17 % of all money laundering cases in the country.

It is important to note, however, that the overall number of suspected money - laundering cases in Japan in 2017 currently stands at 400,043 — which means cryptocurrency cases reported during those 9 months only accounts for less than 0.17 percent of all suspected money - laundering cases.

Do you think money laundering with cryptocurrency is a widespread problem, or do you think it only comprises an extremely small percentage of all money laundering cases?

Also to promote trading of Bitcoin on registered exchanges only and keeping a tab on illegal activities related to it such as Money laundering, Drug trafficking and Terror Funding.

Though the third embedded document is titled «Guidelines for the internal control manual for the prevention of money laundering and financing of terrorism,» the full file is only a table of contents and does not include the guidelines that the Venezuelan government plans to follow.

If this were to be implemented into any sort of laws, it would only come in 2019 which is when the new money laundering regulations are to be discussed.

In regards to money laundering concerns, previous reports have indicated that reported cryptocurrency - related money laundering cases in Japan number only 669 out of 400,043 — which means cryptocurrency cases reported in 2017 only account for less than 0.17 percent of all suspected money - laundering cases in the country.

In a response to twin letters submitted in late 2013, the chief US money laundering and terrorist financing regulator explained that bitcoin exchanges may be money transmitters, even if they only match buyers and sellers on their platform.

While the usefulness of cryptocurrency in the hands of such a regime is at first glance questionable, one needs only to remember that most exchanges in that area still don't have money laundering laws in place for these types of payouts, thus allowing for unregulated extraction of funds.

If I was being «ultra lay», I'd say it's sort of like money laundering is baked into the platform, if only metaphorically (can I say that?).

The Finance Ministry proposed to allow mining only for businesses and private entrepreneurs that would register with the government, to reduce the risk of money laundering.

Discover has banned cryptocurrency transactions because the only use cases Nelms is witnessing today are for ransomware and money laundering.

Effective from Jan. 30, authorities imposed rules which allow only real - name bank accounts to be used for cryptocurrency trading designed to stop virtual coins from being used for money laundering and other crimes.

While Dimon called bitcoin a «fraud» and BlackRock's Larry Fink explained that it was only useful for laundering money, the Morgan Stanley CEO James Gorman took a more measured approach.

Not only that but it operates with total anonymity and is being used for many different activities like money laundering, drug trafficking, and prostitution.

However, the crypto industry is growing stronger than ever and despite the old stigma that bitcoin is only used by cyber criminals and for money laundering, the industry is still booming in the country.

«A digital wallet is opened by the operator of a digital financial assets exchange only after passing the identification procedures of the owner in accordance with the Federal Law «On combating money laundering and terrorism financing.»

Why aren't you putting more effort looking for laundered money rather that punishing those whose only sin was probably «not reporting»?

As such why are Realtors the only ones tasked and engaged in the effort against fraud, terrorism prevention, money laundering etc. filling our filing cabinets with yet more useless, onerous, ineffective paperwork.

In particular, any interpretation in the Website of legislation and regulations including, without limitation: REBBA 2002; Personal Information Protection and Electronic Documents Act; Competition Act; Proceeds of Crime (Money Laundering) and Terrorist Financing Act is for informational purposes only.