"A Tax Fraud & Identity Theft From Miami" & "Bearer Shares & An Asset Search" described money laundering schemes partly facilitated through Cayman Islands bank accounts. On the one hand, some financial investigators report to me that during 2010 the Cayman Islands continue to be an extraordinary money laundering risk.
Cayman Islands lawyers and bankers on the other hand have told me that anti-money laundering efforts have changed things there. New York attorney and private investigator Richard Horowitz has lectured in seventeen countries about money laundering, terrorist financing, etc. He gives his perspective on money laundering in the Cayman Islands, at the following article:
(Click On The Article To Read It)
"Money laundering and financial crime: The Cayman Islands in a global perspective", Copyright © 2010 Cayman Free Press Ltd., reprinted with permission.
Copyright 2010 Fred L. Abrams