[67515] in Cypherpunks
EUB_low
daemon@ATHENA.MIT.EDU (John Young)
Mon Oct 7 10:39:47 1996
Date: Mon, 07 Oct 1996 10:13:11 -0400
To: cypherpunks@toad.com
From: John Young <jya@pipeline.com>
10-7-96. WaPo:
"Russian Crime Finds Havens In Caribbean"
Russian organized crime groups are using unregulated and
secretive Caribbean banks to launder their illicit
gains, according to U.S. and Caribbean law enforcement
officials. One bank that has drawn the scrutiny of U.S.
authorities is European Union Bank in Antigua. EUB
describes itself as the first bank on the Internet,
offering the chance to open accounts, wire money, order
credit cards or write checks by computer from anywhere
in the world, 24 hours a day. A U.S. official said, "The
bank is being investigated for violating U.S. laws with
open solicitations on the Net, which is at best for tax
evasion and at worst for money laundering."
-----
http://jya.com/eublow.txt (10 kb)
ftp://jya.com/pub/incoming/eublow.txt
EUB_low
