MooPig Financial Trends Department :: "Money Laundering and Fraud"

Indictment, arrest of virtual currency founder targets alleged “financial hub of the cybercrime world.”
Aired out by Pat Darnell | May 28, 2013 | Bryan TX

[Picture LINK]

When we say we are going to do a series of money related posts, we think we are onto something of a trend. Because we all know that MooPig is a financial trendsetter, and therefore a trend-spotter. HA! We attempted to meddle through the muddle of financial stuff HERE. We thought to interfere in and busy ourselves unduly with something that is not usually our concern.

This report in USAToday is the kind of report that makes me want to get on the phone with old friends. This kind of report makes me want to hide in a cave like a wounded cougar, and lick my wounds. This kind of report makes me want to gather my little family together in a safe and cozy room. It is the kind of report that makes me stifle myself.

Alleged $6 billion money-laundering network busted: "Detailing what federal authorities termed the largest international money-laundering case in history, Manhattan U.S. Attorney Preet Bharara said the suspects and company were indicted for allegedly facilitating 55 million transactions that concealed the proceeds of credit card fraud, identity theft, computer hacking, child pornography, narcotics trafficking and other crimes."

'via Blog this'

So, let's see, it turns out the major cyber-crimes involve:

• credit card fraud
• identity theft
• computer hacking
• child pornography
• narcotics trafficking
• all the above in money laundering

Nope ... none of those key activities come up on a search of MooPig Wisdom. But, that is where the money goes to be "recirculated." And, there were 1-million signed up with Liberty Reserve. It does prove that if you want to know where's the money, you will have to wade through some pretty debased information, photos, videos, and acid trips to find out.

Original story:

" ... The papers cited Costa Rican prosecutor José Pablo González saying that Budovsky, a Costa Rican citizen of Ukrainian origin, has been under investigation since 2011 for money laundering using Liberty Reserve, a company he created in Costa Rica. “Local investigations began after a request from a prosecutor’s office in New York,” Tico Times reporter L. Arias wrote. “On Friday, San José prosecutors conducted raids in Budovsky’s house and offices in Escazá, Santa Ana, southwest of San José, and in the province of Heredia, north of the capital. Budovsky’s businesses in Costa Rica apparently were financed by using money from child pornography websites and drug trafficking. (25.May.2013. krebsonsecurity. LINK)... ”

CONCLUSION
If you own a Jet-Ski, a helicopter, or a tank, then you are at the top of the money chain.

__________________________Reference
http://www.usatoday.com/story/money/business/2013/05/28/ny-indictment-filed-money-laundering-case/2366237/?csp=fbfanpage
http://moopigwisdom.blogspot.com/2013/05/a-new-fed-thought-for-too-big-to-fail.html
http://moopigwisdom.blogspot.com/2012/11/moopig-financial-tricky-business.html
http://www.cbo.gov/publication/43656
http://blogs.mcclatchydc.com/washington/2012/10/cbo-reports-federal-deficit-dipped-to-11-trillion-in-fiscal-2012.html
http://www.dailykos.com/story/2012/10/06/1141002/-More-Good-News-CBO-Reports-Deficit-is-down-another-200-Million
http://www.ctj.org/taxjusticedigest/archive/federal_tax_issues/federal_budget/
http://www.fedupusa.org/2012/10/08/
http://www.fedupusa.org/2012/10/the-worlds-largest-money-laundering-machine-the-federal-reserve/
http://www.ctj.org/taxjusticedigest/archive/federal_tax_issues/federal_budget/
https://www.unodc.org/unodc/en/money-laundering/laundrycycle.html