this post was submitted on 11 Jul 2023
344 points (97.3% liked)
Asklemmy
43963 readers
1106 users here now
A loosely moderated place to ask open-ended questions
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I'm not seeing how that proves the transaction is clean.
If I put money in a bank account, then transfer it to another account, then back to the same one, the transfer back doesn't obfuscate anything. If it's not caught on the initial deposit in the banking system, then I'm not seeing how any subsequent transactions matter.
OK, well I disagree that it ‘doesn’t obfuscate anything’. Additional transactions are in a launder’s interest.
But also consider that If unknown monies can just be returned, then a launderer can keep trying, with multiple institutions in multiple ways, until they are successful in investing it.
Then you shouldn't let the transaction occur in the first place.
Sure, that sounds like it's best addressed with enforcement of the requirements before keeping the money.