Skip to content

Pinch me: A cash producing laundry machine that doesn’t eat socks.

April 23, 2009

There’s no need to play fast and loose with the term “money laundering” in Great Britain. The Anti-Money Laundering Blog reported on April 20, 2009, that upon seizing a suspect and his van, British law enforcement discovered a washing machine filled with–what else?–cash. Apparently the defendants took Nick Kochan’s “The Washing Machine: How Money Laundering and Terrorist Financing Soils Us,” to heart.

Two Moroccan men and a Polish woman have been charged with money laundering as a result of the incident. Who knew that when Morocco recently enacted its anti-money laundering laws it took the concept so literally.

Consistent with its Action Plan with the EU, Morocco created a “financial Data Processing Unit,” or UTRF, described as being “responsible for processing and spreading data . . . to guarantee coordination among public institutions, administrations, and legal entities.” Looks like they need to add “Kenmore” to their “laundry list.”


Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: