3 ms·
The crime of "money laundering" was invented out of nowhere one day. Society predates it by thousands of years.
by voldacar 4y ago
The crime of "money laundering" was invented out of nowhere one day. Society predates it by thousands of years.
- cvalka 4y ago+1 "Oceania Has Always Been at War with Eurasia"
- smsm42 4y agoAnd that day was less than 100 years ago. "Money laundering" as a concept was invented during the Prohibition (as were a lot of other private rights violations) in order to not let alcohol sellers - which the government was not able to prosecute directly - to use their money. But most of the current US AML regulations are based on the Bank Secrecy Act from 1970.