Lucky LaundryNathan Lynch
Lucky Laundry
by Nathan Lynch · first published 2023
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I'm currently reading about money laundering facilitated by Australian banks in the book "The Lucky Laundry" by Nathan Lynch. Here are some recent anti-money laundering law breaches: * French bank BNP Paribas - fined almost $9 Billion in 2014 [1] * Commonwealth Bank - fined $700 Million in 2018. [2] * Westpac…
on “HSBC's Money Laundering Scandal 2012, money laudering for Mexican Drug gangs” ↗…determined in these cases. Or even worse, they leverage their crime proceeds and get fat bank loans. Our largest bank was in on it too, they've been caught so many times [1] A new book [2] titled "The Lucky Laundry, How the Aussie Economy Got Hooked on the World’s Dirtiest Cash" was recently published about Australia's wilful ignorance in turning a blind eye to crime because of greed and rampant capital appreciation…
on “Cash buyers make up almost a third of U.S. home purchases” ↗