Abstract
Laundromat is a complex system for laundering money stolen from the government by corrupt politicians or earned through organized crime activity. It was designed to not only move money from Serbian shell companies into EU banks through many countries, but it had the added feature of getting corrupt or uncaring judges and sequesters on the secret funds in those countries to legitimize the funds. Serbian Laundromat works on the principle "good morning to all four sides of the World", also exploiting the "neutrality" on the origin and amount of money that comes from abroad or being collected from own people (placement), put abroad (layering) and returned back as "foreign" investment (integration). Some Case Studies has been done on the institutional response to the corruption challenge (that missing in Serbia).
Highlights
Laundromat is a complex system for laundering money stolen from the government by corrupt politicians or earned through organized crime activity
Serbian Laundromat works on the principle “good morning to all four sides of the World”, exploiting the “neutrality” on the origin and amount of money that comes from abroad or being collected from own people, put abroad and returned back as “foreign” investment
Some Case Studies has been done on the institutional response to the corruption challenge
Summary
The second Case Study is far more serious (10) and shoving an empiric analysis of the facts and findings in the Investigation into the Removal of Nine U.S Attorneys in 2006, summarized as this:. Two other U.S Attorneys had been told to resign earlier in 2006 When these removals became public in late 2006 and early 2007, members of Congress began to raise questions and concerns about the reasons for the removals, including whether they were intended to influence certain prosecutions. It’s unclear whether the judge was merely trying to extract key documents relating to the probe’s scope or whether his heated questioning poses a bigger threat He did not make a decision on the request from Manafort’s team to dismiss the bank fraud and other charges. The Wall Street Journal reports that Mueller may soon have to “wrap up or lie low” with his investigation so as not to give the impression of any attempt to tilt the midterm elections Amid all these developments is perhaps the most consequential question of the entire probe – whether Trump will agree to an interview with Mueller’s team. One of his newest lawyers, Rudy Giuliani, who has caused headaches for the Trump team with his comments on the separate Michael Cohen probe, suggested Sunday on ABC News’ “This Week” that they could rebuff Mueller in the end
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