From: John Young <jya@pipeline.com>
To: cypherpunks@toad.com
Message Hash: 77790d03497c7485584a0fb498850eaec24ac304c4b24cd087aa3bb960993906
Message ID: <199512241540.KAA04264@pipe2.nyc.pipeline.com>
Reply To: N/A
UTC Datetime: 1995-12-24 16:34:26 UTC
Raw Date: Mon, 25 Dec 1995 00:34:26 +0800
From: John Young <jya@pipeline.com>
Date: Mon, 25 Dec 1995 00:34:26 +0800
To: cypherpunks@toad.com
Subject: TAX_zip
Message-ID: <199512241540.KAA04264@pipe2.nyc.pipeline.com>
MIME-Version: 1.0
Content-Type: text/plain
12-24-95. NYPaper:
"Money Laundering, New and Improved. To really hide loot,
wait for the arrival of 'cybercash.' "
The days when you could trust a Swiss banker to hold on
to your millions and keep his mouth shut are long gone.
Embarrassing disclosure incidents are forcing any money
launderer worth his pocket change to go high-tech, using
the wonder of home-banking computer programs to zip
money across borders. What American authorities fear the
most, however, is the rise of "cybercash."
"The nightmare of it is that there is no registration of
every transaction, the way there is if you use a Visa or
Mastercard," said Stanley E. Morris, who heads the
financial crimes enforcement network.
TAX_zip (7k)
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1995-12-24 (Mon, 25 Dec 1995 00:34:26 +0800) - TAX_zip - John Young <jya@pipeline.com>