Have read this?

https://www.whitehouse.gov/presidential-actions/executive-order-blocking-property-persons-involved-serious-human-rights-abuse-corruption/

I hear ya. Insurance fraud has also been recently mastered, and infiltrated by...

Fraud seems to be the only way to get rich these days.

Young Mormon people seem to be willing to shill for anyone who asks. They are excellent customer service shills.

Please explain Mormon connection.

Gosh, I don't want to stereotype, but it seems that many of them appear to be easily trained, and unleash their lack of intuition on innocent folks. The nsa employs people that lack intuition, and street smarts. Seems absolutely pointless.

That's a really interesting, unexpected take on Mormons. The Mormons I've known have mostly been very nice, admirable people...but I can kind of see how they might not fully understand the devious nature of the world. Any Mormons want to chime in here?

Basically where I’m at.

I’m an ex Mormon, born and raised Mormon. LDS culture is very child-like. Nobody swears, drinks liquor, or smokes. At least around others. They avoid topics like sex and they are even told to “avoid loud laughter”. They are some of the most mildly mannered people you’ll ever meet. It’s really wild.

When you’re around that all the time and your entire life is a facade, the real world is hard to understand.

Thanks for your perspective. Gotta say, one of the coolest people I met in college was a hardcore Mormon...and then he disappeared for his 2 year mission, and we never saw him again.

ABOSULTELY NOT.

The biggest conspiracy which transcends money is elite pedophilia and that is what will bring the house of cards down in 2018

Harvesting goes beyond merely fucking.

It's the money that gives them power. Good luck chartering private paedo planes if you've got no skrill.

True. Who controls the money? The true conspiracy starts there.

https://youtu.be/Z7M71wmwWRo

Jeez, downvotes for a reference from The Wire?

Imagine being lied to about the darling moralistic and ethical british queen of england reigning over her people with benevolence or love. Imagine the pope, a holy vassal of goodness, presiding over the people spreading love and devotion.

From birth we've read book on how beautiful prince and princesses are ....

Imagine the people finding out they are the real traffickers of kids and molest them and drink their blood in the process to keep young. Yeah, we won't see public hangings, right?

No, money may have started the ball rolling but pedophilia will bring it all crashing down, money or not.

Money Laundering is best accomplished with art sales. 40 million for scribbles?

Particularly in a day and age where you can just pull out a phone and take a picture or even look up the art online. You could down THE Mona Lisa... or do a ten second search on Craigslist and commission a pretty accurate forgery for who knows how much savings that would only be a problem if someone took a magnifying glass and thirty seconds scrutinizing your picture.

Hallmark could be a huge front for the mob. That idea been around for at least 20 years

Damn, guess Craigslist is getting better. My forgery is at least legit forged. A couple of brothers did them years ago and it is known so my forgery has value!

Yea a painting ain't worth more than what you're willing to pay. I like it, I'll spend $200 on it. That's about it. More if they have a nice frame.

Like wtf was that stupid blank canvas painting years ago? Someone rich get drunk?

Everything good costs money but definitely not millions unless it is from 800 years ago just so you can say you own something from 800 years ago.

1. When people spend millions on a painting, it's like what buying $20 lunch is to a middle class person.

2. A lot of art has intrinsic value that comes from the context it was created in. For example, that person challenged certain ideals and was the first to challenge those ideals, but these aren't apparent unless you study art history.

Cy Twombly? Lol

Money laundering in the art world is especially obvious when you look at the way art is bought and sold. A good portion of art (and other valuables, such as antiques and jewelry) sales are not ever taken to the purchaser's residence, and are simply recorded as ownership in a sort of catalog other wealthy people look through to measure their dick size.

The money laundering laws are not there to stop rich people from doing shady things. They are there to stop people like you and me keeping our assets off the books so we might just one day get independence from the state.

Cynical but I agree.

Laws for thee and not for me is how it has always been. It’s human nature, unfortunately.

It's not conspiracy, it's a fact.

In some circle, it's not "money laundering", it's "wealth management" and "tax planning" and then they just change the law to favour themselves through "lobbying". Lots of corporations are going to bring back their money for their shareholders, paying change in taxes, after the tax bill. The vast majority of Americans won't benefit from that, but will see their social benefits cut off to pay for this. But they will say they will reinvest it and it will benefit the whole economy (they won't use the term "trickle down" anymore after it's been shown for the fraud that it is), and a sizeable number of people will believe it, no matter the fact that it's never been shown to work like that. Money invested in infrastructure, institutions and bettering the health and education of the population is what grow an economy, money given to rich people mostly get reinvested in bubbles.

Corporations shouldn’t be taxed at all. Nor should individuals. The government does not do well with money.

Yeah, cause corporations have much better records of doing well with money. Look around and see what of the systems that you enjoy everyday, from the highway you use, the public utility, the food and water safety, the schools that otherwise many could not afford, the emergency services you don't have to bargain with while you're in the midst of an emergency, even the justice system that they're trying to break everyday, which of that will exist without a government accountable to the people? But keep buying the corporate bought-for propaganda that we must dismantle the very system built up to protect individuals so that corporations and the rich can use their wealth to do what they want with even more impunity like in a third world country.

Everything you listed is untrue. The government doesn’t do a good job of keeping water and air clean, and I bet Mars keeps their reservoirs much cleaner. Roads are paid by tolls so they don’t need to be a government utility. Public Schools are so bad that there are services called libraries to mitigate. Emergency services are not public I have to pay for ambulances with insurance. And the justice system has screwed me over time and time again.

It’s not corporate propaganda it’s fact that government needs to be small and out of the way. Competition fixes problems.

Have you ever been to a country where the private sector provide all of those services? Let me know when you have, then maybe your ignorance could be cured.

https://en.m.wikipedia.org/wiki/Water_privatization

https://www.forbes.com/sites/pascalemmanuelgobry/2013/08/14/private-roads-are-possible-ive-seen-them/amp/

http://educationnext.org/whystudentsinsomecountriesdobetter/

https://en.m.wikipedia.org/wiki/Privatization_in_criminal_justice

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Which does not actually address my question. Think about that question. If you've never travelled, do so for your own sake. So far, your comments show an ignorance of what the world is really like.

Most countries are worse corporatocracies than ours. The government is even less functional than ours. You cannot produce an example.

You're just spewing the same crap you learn from the internet. With the exact same words - that's what propaganda is and you're too ignorant to see that you're a tool.

Give me examples!

Example of what? "countries that are truly free market capitalist". The answer was already in my question: have you been to a country that provides all the services through the private sector? Answer that question and maybe you'll understand how ignorant your argument is. Until then, repeating the same crap that are spouted by people who barely have any life experiences, or been to a foreign country outside of Mexico or Canada, is not going to make you sound any smarter.

Have you

No. Because they don't work. Those that try their best to do so are shit holes where the poor live next to open sewers, 5 years olds scavage the dump for aluminum cans so they can eat, and workers die from unsafe work condition with barely any compensation and no changes. Why don't you visit those places and see what countries without a functioning government, without protection for the vulnerables from the private sector, are like?

What are examples of countries that try their best

Cambodia, Indonesia, Philippines, Nigeria, Mozambique...throw a dart on the map of Africa, it's been the go to economic development policy, pushed by the World Bank and the IMF, in the last 25years.

What’s the name of the corporations that privatized these countries

Google them yourself. I'm not your fucking slave.

It's not conspiracy, it's a fact

This is a pet peeve of mine. I think you meant "it's not a conspiracy theory , it's a fact." But the OP never claimed it was a theory , they said it was an actual conspiracy.

A conspiracy is a group conspiring to do something (usual shady) and it is a phenomenon that absolutely does exist and nobody (who knows the definition of the word) contends that conspiracies don't exist. A conspiracy theory is a theory that a conspiracy is occurring and that theory may or may not have merit.

I think that there has been such a campaign to discredit conspiracy theorists that the word "conspiracy" has become conflated with the phrase "conspiracy theory" and people dismiss both as craziness. It's really unfortunate and I try to set the record straight when I can.

Amen.

Conspiraception

Money laundering and tax evasion have always been a huge problem and they continue to be so, but there's little you can do against it unless every country in this world agrees on combating it.

Yep this is rampant and many "legit" organizations have their hands in the pie

I'm suspicious that Bitcoin was used as a massive money laundering operation.

How do you mean? How could it be used that way?

Not the person you asked, but...

a. Buy £1m in Bitcoin with dirty money.

b. Buy £1m in clean GBP with Bitcoin.

c. Claim the Bitcoin was mined years ago, when it was basically worthless. Declare gain and pay capital gains tax (28% in the UK, maybe cheaper somewhere else).

d. Enjoy £720k in clean, laundered cash.

Buy 1 mil in bitcoin with dirty money. Unless you pay the exchange in cash, how are you going to transfer that amount of money to the exchange? You gonna write them a check? Good luck with that. The IRS (or what ever is the tax authority in your country) will be knocking on your door within days demanding you show where you got that money.

If you check out some shadier btc forums you would find a lot of offers btc into cash

just tell them you mined it with ryzen cpu lol

would you not need to provide evidence of mining? screenshots of software history etc? or something along those lines

I can't say for sure, but probably not.

I would estimate that near 100% of the risk would come from your actual illegal activities being identified. If it was in the UK you'd definitely trigger a money laundering check when the money was deposited in a bank. And the bank would forward that information to the authorities.

If you'd gotten interesting in Bitcoin mining years ago, that could have been sitting in your wallet for years. There was a story a few years ago about a guy who bought a pizza with Bitcoin. That amount would be worth millions (possibly even tens of millions) now.

As long as you paid the tax and you hadn't been linked to the illegal source I doubt anyone would blink at it much.

millions ?
he bought a pizza for 10.000 bitcoins.
Currently worth 145.831.944.95 usd

.0002

You would be able to see it in the blockchain if it was mined or not. That's all the evidence you would need.

Once again, the cryptocurrency ignorance on this subreddit is astounding!

Bitcoin has a public blockchain. There is no “claim it came from this....” when they can say “well, we see here from the entire network that your wallet address received 137 BTC On January 5th at 11:39pm last year; how did you purchase these coins? Can you prove that the purchase was not illicit?”

This is how a public ledger works. It’s not cash. It’s not private or anonymous unless you’re adept with networking fundamentals, to be honest.

If anyone has any questions, feel free to ask; I’m sick and tired of this sub parroting misinformation.

agree with you, bitcoin is the biggest scam of pre bubble crash in 2008

You could just do Bitcoin tumbling or mixing

There still needs to be an output that you must claim on taxes, no? That’s the point of laundering money.

So no, that wouldn’t help you explain how the funds were obtained.

Not really knowledgable about the money laundering laws. Didn't know you had to "prove" where the money came from. Couldn't you just say you made it gambling? or someone gave them to you?

You can trade in bitcoin for good boy points now? Hello tendies.

If you get investigated they'd want to see the proof you got the coins all those years ago.

Just go to the casino with your dirty money and claim you got lucky - Many countries you won't even have to pay tax on it.

Bitcoin isn't really liquid enough to make it worthwhile to launder yet. Stocks are absolutely being used to launder money though.

Do you have any examples?

I personally know people that work for companies that flag suspicious movements in stocks looking for money laundering. They then notify the SEC.

Here's an article explaining how it works.

cleaning money with stocks

lol so you said bitcoin cant be used to buy stocks ?

no I'm saying bitcoin isn't very liquid, so it's not great for laundering money. Investing in bitcoin and selling is just like buying stocks and moving money that way. Actual stock market is much more liquid and easier to get money in and out.

Especially since so much of the volume comes from Asia.

This is definitely one of the big ones, but there will be no serious effort to shut these places down, because the 1% benefit from their use. When one offshore place becomes too famous, like Jersey, they just switch to a different one like Cayman Islands etc. Strangely, legit efforts to control drug funds and weapons funds have integrated some places like China more into the system so that they have become more legit, but for every hole filled two more are opened.

In short, you are right but it is harder to stop than you imply.

I think the tax havens are tolerated because they're probably wired up to the intelligence services -- the list of tax havens includes a lot of former and current British territories that have loopholes that make them independent from the UK tax system.

They're also probably tolerated because they ultimately convert a lot of their client holdings back into government bonds -- US T-bills or whatever the equivalent UK and Euro bond instruments are. So the money actually gets put back into service funding governments (albeit for interest payments to those providing the funds).

It would be interesting to see a technical breakdown of how tax haven banks manage their clients money -- I'm guessing its not cash, but there probably is a large amount of cash on hand. I'd also be curious about precious metals holdings as well as safe deposit box/vault services.

It's also interesting to look at the US as a tax haven, albeit not for US entities, but for non-US/Euro citizens looking to extract wealth from their own countries. There are tons of condos and houses in the US that sit empty and are owned by foreign nationals through US LLCs that hide the actual owners. Some of this is "thug money" from kleptocratic government lackeys and some of it is more-or-less on the level people from China looking to move wealth out of China.

You mean Wall Street.

Let me help you out here. Gold lenders and holders WAAAAY back in the day started issuing debit notes. They stated the bearer was in possession of said of gold and therefore the slip was worth that amount. The gold lenders and holders then began issuing the notes without any gold to back them. And it all continues today. Yt red shield bankers

Fractional reserve banking.

I agree but I greed and selfishness is biological. We're all greedy one way or another for self preservation. The sick wealthy have just played the game smarter and dirtier than the rest. If I was wealthy I would do the same dirty shit minus the sick pedo shit they do. I already hate paying 17% of my check every two weeks to uncle Sam when it took my county a year and a half to fix a 4ft by 4ft pothole near my house lol

Cooperation, altruism, and a desire for justice are equally biological for species preservation.

Why shouldn't the rich who made the money or have a rejective that made the money have to give that money away to fund stuff? Sure you can say they should but they aren't she why should wr force them? I'm poors fuck and grew up even poorer so I guess I'm even more confused about why anyone would think that way if even someone as poor as me doesn't.

Bake her away, toys.

They're downvoting you for not realizing how you've been stolen from.

How have I been stolen from? I don't believe you. I don't even make enough to pay taxes. Tell me how bad I have it please.

When I go anywhere I'm assumed guilty. For example if I rent property I am assumed to be money laundering and have to be checked out.

However I see rich Russian oligarchs close to Putin buying football clubs in my country and no suspicion is ever even raised about them.

I know that there are tax havens full of criminals laundering money and yet that is never discussed.

This pisses me off.

If taxes were more reasonable they wouldn’t have to hide it. Just saying.

I'm not trying to start a fight with you, but I don't think you really know what money laundering is or what offshore tax havens are used for.

Money laundering is literally the opposite of what you proposed, that is, to avoid paying taxes. Money laundering is about making illegal income become legal through paying taxes (albeit at the lowest legal rates).

Why would a criminal actually want to pay taxes on his money? So he can spend it. Suppose you have $1million from selling drugs or something. If you tried to buy anything substantial, like a house or a yacht, the IRS would come knocking on your door within days demanding to see where you got that money from and why you haven't paid taxes on it when it was earned. Now, you are three times screwed because not only will your illegal activities be investigated, but all that money will confiscated due to civil forfeiture laws AND you could even be hit with income tax evasion laws.

Additionally, no sums of money greater than $5000 (used to be $10k but got lowered) can ever leave the country (except if you risk secretly carrying cash on a plane) without it being reported to the IRS.

So in a nutshell, money can not be wired to offshore tax havens unless you've already paid taxes on it. (Thru laundering if it was gained by illegal means)

1. Open a charity or a foundation.

2. Ask for donations. Get paid millions in speaking fees.

3. Say you helped haitians, and prevent aids.

4. Dont help haitians, or prevent aids.

5. No taxes. Profit.

6. Run for US President like nothing happened.

Global finance is a shell game.

Another huge conspiracy is "foreign investment" where businessmen extract half the natural wealth of countries like the USA (and even more in Nigeria, Kenya, etc). There's no logical reason for inherently wealthy countries like the USA to tolerate giving half their wealth to elites on tiny shitty islands who have no natural resources of their own.

Most of this sub doesn't want taxes at all. And the billionaires just got a massive tax cut. They want the U.S infrastructure to fail

Look at estimates for how much wealth is still held by a family like the rockefellers. I find it hard to believe that that large of a fortune has been depleted rather than grown.

Makes sense. His assets were valued at 1.5% of the country's economic output in 1937. The equivalent of $340 billion today... the family is supposedly worth $10 billion today. Not buying that

Having buildings named after you at colleges across the northeast and beyond probably counts for a hefty amount of cultural capital. And this list https://en.m.wikipedia.org/wiki/Category:Institutions_founded_by_the_Rockefeller_family

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What's the one thing all powerful people have in common? They're selfish fucks who want to keep it all for themselves.

That's only half true.

Rich people try to manipulate society and acquire endless wealth to avoid prosecution for the crimes that made them rich in the first place.

Most super-rich people have committed or abetted crimes on their way to the top and they're justly paranoid of being thrown in jail where the belong.

This is also why people like the Koch brothers lobby for deregulation so aggressively. It's not to allow them to make more money, it's to change the laws so what they ARE ALREADY DOING will no longer be considered criminal.

You need to finish that thought. What do they do when they have all the money? If they are the only ones with money it becomes almost worthless. If we have some and want more its a tool of slavery. The real object of their behaviour is to gain power. If you think about someone or something with love you are transferring your energy to that person or thing. They are the ones holding the majority of the money so they are the ones on the receiving end of all that energy. Its called black magic but its not the shit you've been taught to think it is. The only thing we have is our energy everything else has to be given to us, clothes, houses, jobs,money, cars etc. The one thing we actually own we wish away to people that are'nt going to wish it back to us. So money is just one of the tools they use to get us to give away our selves.

This is why I'm sad every day.

Try and be happy, dear. Everytime you smile it keeps the light in your soul alive and stops you from turning into one of the people that cause unhappiness in others. Im sending you light and love.

Biggest conspiracy in the world is laundry laundering. Where does my other sock always go?!?!? Do the reptilians steak them?

I think your right. Look at ozarks on Netflix. The money laundering breeds many wicked actions. It seems this goes on everywhere.

Tax avoidance is something that really annoys me. Recently our government (UK) put the spotlight on trades like plumbers and electricians, claiming their odd £50 cash in hand jobs here and there were costing the tax payer. Although I don't deny it does, it's a tiny amount compared to the tax we miss out on due to loop holes created to allow corporations and the rich to invest in tax avoidance schemes.

But if you're persuaded to eye your local plumber suspiciously as someone taking advantage of the system, maybe you'll ignore the outrages of the real players.

Exactly that! No one bought it and it kind of back fired on them.

This is a bit of a motto for me. I tell people, ‘I’ll believe any conspiracy theory that involves financial gain for a select few’

College textbooks. Nuff said.

can someone explain what exactly money laundering is?

https://en.wikipedia.org/wiki/Money_laundering

Skirting government taxation and regulation. Usually cleaning illicitly gained money via criminal activity by "cleaning it" via buying real estate or property or businesses and funneling it through those entities. What Walt did in Breaking Bad with the car wash, essentially.

Embezzlement in the municipality is a bigger one imo.

Taking money outta the food banks while the mafia in blue arrest the competition from lowlevel dealers who are tryning to put food on the table. Its just so evil its perfect.

What's the one thing all powerful people have in common? They're selfish fucks who want to keep it all for themselves

You already got there. The rulers of society are all psychopaths. And the systems in place are setup to make sure they remain in power. The money laundering is just the financial arm.

There is a reason that alk societies have a vampire myth.

http://pathocracy.net

The only reason bitcoin exists is for money laundering.

Yep.

Republicans = corporations Democrats = NGOs/non-profits

I don't think it's a conspiracy though, it's a bunch of people acting independently.

Huge problem though

Nothing new. And on the more local scale, that's been my suspicion of many used car dealerships and family restaurants. The way they're run just wouldn't be profitable at all otherwise.

If you check out some shadier btc forums you would find a lot of offers btc into cash

just tell them you mined it with ryzen cpu lol

Most countries are worse corporatocracies than ours. The government is even less functional than ours. You cannot produce an example.

No. Because they don't work. Those that try their best to do so are shit holes where the poor live next to open sewers, 5 years olds scavage the dump for aluminum cans so they can eat, and workers die from unsafe work condition with barely any compensation and no changes. Why don't you visit those places and see what countries without a functioning government, without protection for the vulnerables from the private sector, are like?

Thanks for your perspective. Gotta say, one of the coolest people I met in college was a hardcore Mormon...and then he disappeared for his 2 year mission, and we never saw him again.