Re:How the government set up a fake bank to launder drug mon...
by croes on Tuesday June 08, 2021 @01:10PM
(#27437909)
Professionals already have banks for that. 90 million dollars? These are small fishes.
They only helped the bigger ones go get rid of the competition and the effect on drug trafficking is near zero.
[ Parent
| on HN ]
Re:How the government set up a fake bank to launder drug mon...
by Quenty on Tuesday June 08, 2021 @02:09PM
(#27438746)
From another perspective, consider it probably did not cost $90 million to execute this plan. So overall, this is a net profit, and most likely cost effective.
Re:How the government set up a fake bank to launder drug mon...
by croes on Tuesday June 08, 2021 @04:37PM
(#27440446)
Was the plan to make profit or to reduce drug trafficking?
Maybe they should reevaluate their goals.
Re:How the government set up a fake bank to launder drug mon...
by gscott on Tuesday June 08, 2021 @08:29PM
(#27442820)
The agency that seizes the money gets to keep it.
This person had his motel all paid off. So the Government decided to size it because they could sell it. He fought them off, barely:
https://www.wbur.org/news/2012/11/14/tewksbury-motel-owner-f...