CONFESSIONS OF A
MONEY LAUNDERER by Kenneth Rijock
Financial Crime Consultant, for World-Check
Confessions of a Money Launderer - Part 16
22 January 2007

I am frequently asked, why on earth did you do this ? You were a young lawyer, well on your way towards a successful life in your profession as a member of the establishment. Recently, a person who has not seen me since I returned from the Vietnam war in 1970, posed that very personal question. A response is indeed necessary. The answer is complex, and is composed of two interrelated components. Neither involved avarice and greed, nor the desire for power. The first part was a legacy of the intense changes of the nineteen sixties, the second a malaise and general distrust of institutions that resulted from surviving a long personal experience that had turned into a national nightmare.

If you digest it into a catch-phrase, the first reason was the ongoing battle between those who advocated the legalisation of recreational drugs, and a government hell-bent on enforcing those laws prohibiting the casual use of such substances. To the press, it was S*x, Drugs & Rock'n'Roll. To those of us who came of age during the 1960s, there was no question that the use of narcotics was a personal decision intrinsically linked to the constitutional right to privacy, and any intrusion into that lifestyle was simply unjust. 

For yours truly, The first reason I participated in the laundering of narcotics profits was, plain & simple, that I then had an absolute belief that the regulation of vice:

  • Would never succeed; it is easier to stop the rain, as one cannot regulate morality.
  • Will alienate a large portion of the population.
  • Will be prohibitively expensive. 
  • Will spawn a  growing system of agencies whose sole function is the control of an uncontrollable problem.
  • Will criminalise the conduct of large numbers of otherwise law-abiding members of your population.

I moved cash profits for drug traffickers due to a strong belief that the counter-drug laws, like America's failed Prohibition laws of an earlier era, were wrong and ought to be repealed. Whilst money launderers today are, by and large, looking for easy money through high-risk criminal conduct, I was on a mission: to do my part to enlarge the drug trafficking structure through moving the proceeds of crime to safe harbours offshore.

I also participated in the drug-fueled haze that surrounded organised crime activities at the time; social events, dinners and parties, whether taking place in the US or overseas, always involved some form of recreational drugs, and as I have said, I was not merely their part-time lawyer, but a regular social participant immersed in the life-style and culture. Lawyer by day, co-conspirator and hard-core partying advisor by night. At times, I felt I was never off duty; some lawyers complain when social contacts or clients solicit advice in after-hours situations. I was on call 24-7 for problems, brainstorms, emerging threats, half-baked investment concepts, and, of course, late-night arrests.  

Miami then was awash in marijuana & cocaine. After all, it was the port of entry for drugs from Colombia, Peru, Bolivia & Jamaica. There was also LSD and, albeit rarely, opium. Add it all up and throw in copious amounts of alcohol and you have a potent means of self-medication for anyone in a high-stress job, be it legal or illegal. When you worry about going to prison for life, or getting killed, it works in the short-term.

Eventually, even I saw the potential for addiction, and backed off heavy use. I was later to drop out of the drug culture entirely, seeing as how it was impairing my efficiency. After all, if you stay up all night partying, getting up to move someone's illicit cash the next day is tough, though you will do it.

Then, what we knew as freebase, perhaps the most psychologically addicting drug I've ever used, turned into crack, for inner-city users, I saw the drug use as a one-way ticket to the cemetery. Of course, there were horror stories. A dead client, whose girlfriend called, hysterical, from a hotel room in Belize, where she awoke to find him blue and expired from an overdose. The beauty who freebased constantly, later contracted a terminal illness that promised a slow death. I stopped using drugs entirely and concentrated on my work.  

Unfortunately, my naive good intentions, seeking decriminalisation of drugs for personal use by responsible, gainfully employed, educated citizens, was misplaced. Today, statistics show that most arrested violent criminals have some illegal drug in their bloodstream. Drug use has fueled crime, plain and simple. No wonder Miami fell out of its love affair with drugs.

The second reason was my total discontent with and distrust of our government, whose elected officials sent me and too many other to faraway places to kill or be killed in the global conflicts that never seem to end. I remembered watching all those French movies from my college days, when I could never quite understand the post-war French malaise. Older and wiser, I now know it was due to their nation's brutal experiences in Algeria and Indochina.

I perceived America, then under the Reagan administration, as being out of touch with the mainstream, and far too conservative for my taste. When you don't trust your country's institutions, it's much easier to break the law, even when you yourself are supposed to be a part of the legal system. Is that illogical? I suppose it is.

So there you have it; a potent recipe for trouble; a lawyer with an anti-social attitude, and no wife or children to cause him to walk the straight and narrow path. I should consider myself lucky to be here after all that. The question having been answered, let us return to the unfolding story.

Next Week:  A major client falls from grace, and into the hands of the DEA, and we get around to my typical workday.

 

The facts and opinions stated in this article are those of the author and not those of World-Check. World-Check does not warrant the accuracy of any facts and opinions stated in this article, does not endorse them, and accepts no responsibility for them.

Read more in this exciting series

Confessions of a Money Launderer - Part 73
Confessions of a Money Launderer - Part 72
Confessions of a Money launderer - Part 71
Confessions of a Money Launderer - Part 70
Confessions of a Money Launderer - Part 69
Confessions of a Money Launderer - Part 68
Confessions of a Money Launderer - Part 67
Confessions of a Money Launderer - Part 66
Confessions of a Money Launderer - Part 65
Confessions of a Money Launderer - Part 64
Confessions of a Money Launderer - Part 63
Confessions of a Money Launderer - Part 62
Confessions of a Money Launderer - Part 61
Confessions of a Money Launderer - Part 60
Confessions of a Money Launderer - Part 59
Confessions of a Money Launderer - Part 58
Confessions of a Money Launderer - Part 57
Confessions of a Money Launderer - Part 56
Confessions of a Money Launderer - Part 55
Confessions of a Money Launderer - Part 54
Confessions of a Money Launderer - Part 53
Confessions of a Money Launderer - Part 52
Confessions of a Money Launderer - Part 51
Confessions of a Money Launderer - Part 50
Confessions of a Money Launderer - Part 49
Confessions of a Money Launderer - Part 48
Confessions of a Money Launderer - Part 47
Confessions of a Money Launderer - Part 46
Confessions of a Money Launderer - Part 45
Confessions of a Money Launderer - Part 44
Confessions of a Money Launderer - Part 43
Confessions of a Money Launderer - Part 42
Confessions of a Money Launderer - Part 41
Confessions of a Money Launderer - Part 40
Confessions of a Money Launderer - Part 39
Confessions of a Money Launderer - Part 38
Confessions of a Money Launderer - Part 37
Confessions of a Money launderer - Part 36
Confessions of a Money Launderer - Part 35
Confessions of a Money launderer - Part 34
Confessions of a Money Launderer - Part 33
Confessions of a Money launderer - Part 32
Confessions of a Money launderer - Part 31
Confessions of a Money launderer - Part 30
Confessions of a Money Launderer - Part 29
Confessions of a Money Launderer - Part 28
Confessions of a Money Launderer - Part 27
Confessions of a Money Launderer - Part 26
Confessions of a Money Launderer - Part 25
Confessions of a Money Launderer - Part 24
Confessions of a Money Launderer - Part 23
Confessions of a Money Launderer - part 22
Confessions of a Money Launderer - Part 21
Confessions of a Money Launderer - Part 20
Confessions of a Money Launderer - Part 19
Confessions of a Money Launderer - Part 18
Confessions of a Money Launderer - Part 17
Confessions of a Money Launderer - Part 16
Confessions of a Money Launderer - Part 15
Confessions of a Money Launderer - Part 14
Confessions of a Money Launderer - Part 13
Confessions of a Money Launderer - Part 12
Confessions of a Money Launderer - Part 11
Confessions of a Money Launderer - Part 10
Confessions of a Money Launderer - Part 9
Confessions of a Money Launderer - Part 8
Confessions of a Money Launderer - Part 7
Confessions of a Money Launderer - Part 6
Confessions of a Money Launderer - Part 5
Confessions of a Money Launderer - Part 4
Confessions of a Money Launderer - Part 3
Confessions of a Money Launderer - Part 2
Confessions of a Money Launderer - Part 1
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