Thursday, August 9, 2007

In Florida, Dirty Money is Big Business


Miami, Florida by Jane Bussey jbussey@MiamiHerald.com

For years, Miami bankers have insisted that the billions of dollars in their bank vaults were clean.

But the record $65 million in sanctions federal regulators assessed against Miami-based American Express Bank International this week underscores that the era of dirty dollars flowing through local financial networks remains a problem.

American Express Bank International, a unit of the global credit card giant American Express Co., became the 19th financial institution in South Florida to face sanctions since 2004.

''On a proportional basis, [given] the number of institutions that Miami has, South Florida leads the country in Bank Secrecy Act and anti-money laundering violations,'' says Charles Intriago, publisher of the Miami-based Money Laundering Alert.

1 comment:

Seo Link Master said...

You need us if you have any of these tax problems: Back
Taxes
, Unfiled Returns, Missing Records, Threat of Levy, or, if you need an Installment Agreement or an Offer in Compromise A tax levy or garnishment or attachment are all the same thing. The terms may be used interchangeably. A wage garnishment or levy may be against any asset. In the enforcement of tax collections. We prepare all Federal and State Unfiled tax Returns The Fair Tax Act (HR
25/S 1025) is a bill in the United States Congress for changing Tax Solutions laws to replace the Internal Revenue Service (IRS) and all federal income taxes (including Alternative Minimum Tax), Past due tax returns, Past due tax returns, Past due returns, Past due taxes, Unpaid tax, Tax negotiation, Wage levy, Robert M. Adams, Bob Adams