192 Money Laundering: A Guide for Criminal Investigators, Third Edition
me to buy Capone stock for $40 per share for 5 years. If, in
that time, the price of the stock doubles to $80, I can exercise
my warrant, buy as many shares as the warrant allows at $40,
and sell them immediately for a major prot. All of these
activities will be described in the brokerage account state-
ments maintained for your subject.
Brokerages may maintain stocks for their customers, usu-
ally in margin transactions. In other words, instead of having
the certicates actually issued to you and kept in your pos-
session, the brokerage rm can have the stock issued to it
and kept in a “street name” in its possession. Your account
statement will reect this ...