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Money Laundering, 3rd Edition
book

Money Laundering, 3rd Edition

by John Madinger
December 2011
Intermediate to advanced content levelIntermediate to advanced
430 pages
24h 30m
English
CRC Press
Content preview from Money Laundering, 3rd Edition
Fiendishly Complex Money Laundering Schemes 269
deposits in light of the commissions generated by all
that churning activity.
The second scheme took advantage of Gould’s under-
world connections. Through a friend, Gould was able to
obtain a large number of stock certicates that had been
stolen in the daylight robbery of a Wall Street courier. The
numbers on the shares were all registered, and the shares
could not be sold on the open market, which is why Gould
was able to use some of the cash from his smuggling oper-
ation to buy the shares at only 20% of face value.
Gould had $1 million in stock for an initial outlay of
only $200,000 (2
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Publisher Resources

ISBN: 9781439869123