Louise Neu

Drug dealers, human traffickers, and illegal weapons dealers can't just roll up to the bank with $100k in cash and deposit it. 2/?

Banks=required to report suspicious activity. (in , any transfer over $10k gets noted, & suspicious activity is reported to FinCEN) 3/?

Most Euro countries have similar Anti-Money Laundering (AML) Laws. Except: Switzerland/Luxembourg. It's why you hear about Swiss banks. 4/?

Drug dealers, traffickers for the global rape trade, & weapons dealers don't want to just put their cash under their mattresses. 5/?

They want their money safely stored in a bank or in an asset that retains value like: Real Estate, Art, or Diamonds/Precious metals. 6/?

The word no longer runs on cash basis. Everything is wire transfer/e-banking. You can't show up to buy a house w a carful of Benjamins. 7/?

Black market industries like heroin & selling weapons to terrorists & enslaving women & girls for global rape trade= cash businesses. 8/?

So how do people with dirty money wash their cash so it can be used and stored safely in the non-black market? 9/?

In the US, some will deposit cash amounts less than $10k in person at a bank branch. The funds are immediately available because, cash. 10/?

As soon as it's deposited, someone with the online banking info for that account will transfer the $ to another account at a diff bank. 11/?

They'll bounce it around to various accounts, to obscure the trail, & eventually they'll park it somewhere until they're ready to invest. 12

The same thing happens all over the world. Someone selling weapons to terrorists can put their cash into "friendly" banks then transfer 13/?

the funds into various LLC accounts in countries with weak Anti-Money Laundering Laws & high bank secrecy laws. 14/?

They could, until 2016, secretly buy property in the US using LLCs as shell companies. In places like-Trump Tower-where noone cared who 15/?

"Well that's not such a big deal, why wouldn't they want to move their cash out of Russia?" sure, I hear you. Except. 18/?

The assets the oligarchs own don't rightfully belong to them. They rightfully belong to the Russian people. 19/?

In Russia, organized crime and the state are intertwined. The oligarchs are granted their monopolies by the state/org crime. 20/?

US Treasury figured out Russian organized crime elements were washing dirty money into US real estate market. 21/?https://twitter.com/ninaandtito/status/882662964515491841 …