You can see the 'flow-diagram' (on Wikipedia) presented in the New York court as to how this 'scheme' for opaque trading was meant to take place and I think it's particularly silly.
I mean if this is what the people behind 'Silk Road' really did, and what they thought was some kind of means of keeping such illegal transactions 'secret' maybe he deserved a life sentence - not that anyone does for this kind of thing, really. Ostensibly, it was all about his illegal drug venue, but he was jailed mainly for some claim included in the case that he had hired hitmen to kill people - a claim that was never ever actually proven but sufficiently 'hinted at...'
Really stupid and cannot possibly work |
I have said for many years that I am easily the best money launderer and transaction concealer of anyone I know - but outside of my own private clients that I have dealt with for decades, there was only one time someone or some 'group' tried to 'take me up' on the claim and I already had information that these people were from some unsavory English mob located somewhere in Grosvenor Gardens, London... It all became all the funnier when, during the inquiry into what next turned out to be a 'misconceived side-adventure' of the so-called 'Five Eyes' group, two officers in the Australian Federal Police 'posed' a question to me as whether I knew about money laundering and tax dodging, and I said, I admitted really, well yes, I knew A LOT about it.
And they said: 'what, what do you know?'
And I said: 'It's illegal.'
And that was the end of that.
Who can say what 'Silk Road' was really all about - I don't have any inside knowledge about whether or not it may have even been a clever ruse by Federal Authorities to uncover players in the large-scale illegal drugs racket. It doesn't seem to me, however, to have ever been a legitimate means of keeping transactions secret, regardless of what popular opinion holds.
For real examples of the high end, of money laundering, we can consider people like Adnan Khashoggi (pronounced 'Cash-og-ji') who was charged at one point for money laundering in the orders of sums like 300 million dollars, back when that was a lot of money. He never went to jail of course, basically because, just like me, he never actually did any money laundering - because it is illegal.
Interestingly, two months after 9-11, we have one Richard Perle turn up on Khashoggi's Swiss doorstep and have him participate in a small LLP designed to fund some escapade I think, from memory, known nowadays, as the first Iraq War. Khashoggi was this fellow, you might recall, who had a large private jet plane which was later taken over by the Orbis Ophthalmic Charity Foundation, which was used to go around the world doing eye surgery for free for poor people.
I don't know, but I was looking up 'Orbis' the other day, as you do, when you are compiling 'dossiers' and I found the headquarters of them at '9-11 Grosvener Gardens, London.' Might be some different 'Orbis,' though - because as you know, 'Orbis' is a common name, like 'John Smith,' or 'Michael Cohen.'
Hmn, yeah. London... and 'business consultants.' (SMH). 'Shake My Head;' for those who don't know.