Probe Circles Globe to Find Dirty Money -- Wall Street JournalA black-market financial investigation spreading from Iran to Sudan, London and Cuba began in a cluttered fifth-floor cubicle in an old-school district attorney's office in Manhattan featuring dark corridors and frosted glass.
There, an intelligence analyst named Eitan Arusy began studying a slim lead. Suspicious money was flowing to and from an Iranian nonprofit operating in a Fifth Avenue office tower in Midtown Manhattan. Mr. Arusy's probe, later merged with a Justice Department inquiry, ultimately widened to some of Europe's vaunted banks, helping spark a global inquiry that found they actively evaded U.S. law in aiding sanctioned countries, banks or other enterprises move some $2 billion undetected.
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My Comment: This post from the Wall Street Journal reminds me of how drug gangs were using American banks to launder their cash in the late 1970s - early 1980s. Plus ca change .... plus c'est le meme chose .... the more things change, the more that they stay the same.
Unfortunately .... in this case .... we have unsavory and dangerous regimes who are laundering monies to finance their wars and military machines. Kudos to individuals like Eitan Arusy who are exposing these networks.
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