CONFESSIONS OF A
MONEY LAUNDERER by Kenneth Rijock
Financial Crime Consultant, for World-Check
Confessions of a Money Launderer - Part 17
28 January 2007

By popular demand, I herein present my typical "Day in the Life" as a practising laundryman, a profession where a single client's errors can cost you twenty years in federal prison, and where your own errors can result in that same client terminating your employment with extreme prejudice. Whilst there is absolutely no intent to glamourise this life, admittedly it did have its interesting moments, albeit sandwiched between actions which involved high-risk, and the tedium of constant travel. The primary directive is to seek to clothe one's activities within an anonymous, uninteresting business routine that never stands out, even when illicit acts are in progress. The best international money laundering scheme is that in which, the day after you have left town, they cannot remember who you were.

My first rule was always to keep normal business hours, because in the legitimate world, professionals are at their desks each morning. It was only a five-minute drive from my bayfront apartment in the residential section of Miami's Brickell Avenue financial district to my tiny downtown office. Remember, low-profile is not only a necessary evil when you are looking to fly below the radar of law enforcement agencies, it also discourages legitimate clients from seeking your services.

If you are a frequent traveler on little or no advance warning, one cannot worry about court appearances, scheduled real estate closings or clients who call up daily for status reports. When the clients engaged in illicit enterprises need you to pack your bag and head overseas, you must go. That doesn't mean that you decline everyone who comes in the door, you just ensure that you restrict your "clean" business to small matters that will not interfere, or require your physical presence, when you must be on laundering errands for your "priority" clients, who as career criminals can be extremely demanding.

Thus, I would show up at the office at the same time as my legitimate colleagues, three criminal defence attorneys with whom I shared space. Did they perhaps suspect that I was engaged in rendering "unusual" legal services? Probably, but it was the " Don't ask, Don't tell" rule that most lawyers engaged in criminal defence subscribed to, under the guise of attorney-client privilege. One can hide an awful lot of crime inside that principle. 

Mornings would be spent doing things like:

  • Call up Wilmington or Dover corporate service providers to enlist their services to form Delaware corporations, to be used to hold title to vessels or aircraft destined for narcotics smuggling duty.
  • Contacting a favourite licensed ship's surveyor who, although he lived in Miami, was certificated to inspect vessels applying for ship's registry in the United Kingdom. Of course, since I utilised West Caribbean British Dependent Territories, by the time the documents reached Cardiff, the vessel's smuggling ventures had already occurred.
  • Forming Florida corporations for criminal clients who wished to open legitimate businesses as a cover for their illicit activities, often, the companies would be dissolved the following year for failure to file Annual Reports. That way, the identities of the beneficial owners, and even the officers & directors, never appeared on record.
  • Checking on whether clients' associates had been recently arrested; criminal clients are forever worried that suppliers or customers will, when looking at possible long prison sentences, turn on their close associates. Such things as favourable bond arrangements, or the release of an individual who would otherwise be held in pretrial detention, were clues to his or her cooperation with the authorities, and the possibility that they would be out there, wired for sound, attempting to "sting" the clients, or even yours truly, as I have earlier detailed in this story.
  • Showing up at Customs to learn whether a client's seized vessel was caught with contraband, merely residue, or some other violation which would preclude its release. Of course, when it was sold, it could be bought at government auction by front-men, and pressed into service once again.

Lunch would usually be at a downtown bar which was near enough to US Customs headquarters to bring in my then adversaries. Whilst they were rarely rude, their dislike of me for my covert role surfaced at times. Clients, or lawyers working with me on the defence of clients in criminal cases, would meet me there.  

Some afternoons were travel preparation; that meant visiting clients and picking up either cash or non-bearer monetary instruments, and making last-minute arrangements to obtain a ticket for a trip later that afternoon to the tax havens of the Caribbean. If that was the case, I would show up for a flight filled with casino-bound Americans, young honeymooners, and West Indians going home. Since they were wearing tacky tourist garb, I did the same, and either body-packed or transported the money in a small carry-on bag.

At no time during the decade that I flew the "friendly skies" was I ever detained outbound, nor did I ever lose any money or monetary instruments to law enforcement. Whilst the screening technology stopped any and all metallic items, it never detected all that paper money, from which the bands had always been removed.

At the other end was St.Maarten, famous for having no Customs, and only perfunctory Immigration, and my bag and its contents entered the country without notice. A quick trip to a quiet  Dutch hotel, and the package was safely tucked in somewhere amongst the roof tiles in my room.

The day came to an end with some conservative gambling at the casino, or some Caribbean music and drinks at a local watering hole adjacent to the harbour. To all intents and purposes, I was just another tired traveling businessman catching his breath at the end of a long day. In reality, today was only prologue for the morning's maritime money laundering run into the colourful tax havens and back.

Next Week: Showtime. 

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
Email Confession

Banner
PRODUCT INFORMATION
NEWSWIRE
Important Notice - Data-file - Content change
Important Notice

Please take note of the following content change to be applied to the Data-File on 19 December, 2008. In order to avoid any potential problems please ensure that your datab...more
Watch World-Check's Kenneth Rijock on Al Jaze...
Please click here to watch World-Check's financial crime consultant Kenneth Rijock on Al Jazeera's 'People and Power...more
World-Check launches Country-Check, a holisti...
On September 10, 2008 World-Check launched Country-Check, a ground-breaking fully customisable country risk management tool for 243 countries and territories worldwide, making it the most comprehensiv...more
World-Check appoints new CEO
World-Check's Board of Directors has announced the appointment of Daniel Peak to the position of Chief Executive Officer. This appointment marks the culmination of a carefully architected expansio...more
Confessions of a Money Launderer is back!
Kenneth Rijock's popular weekly series "Confessions of a Money Launderer" has returned fro a summer hiatus.  Don't miss this compelling and informative series ,which is a must r...more

Banner
© 2008 World-Check, All Rights Reserved.