U.S. Stings Those Who Set Up Offshore Accounts for Money Laundering
To get around demanding extradition requirements and the secrecy laws of some foreign countries, U.S. law enforcement officials are luring people who help clients establish offshore shell companies to the U.S. by dangling in front of them lucrative opportunities. Two men with a private jet equipped with a safe insisted that the people they were meeting pack their cash in a Louis Vuitton bag because they thought real cops could never afford such an expensive item. [9/9/15]
