From: "E. ALLEN SMITH" <EALLENSMITH@ocelot.Rutgers.EDU>
Date: Sun, 28 Apr 1996 13:59:00 +0800
To: unicorn@schloss.li
Subject: Re: Anonymous banking
Message-ID: <01I41RMZUD188Y52ZX@mbcl.rutgers.edu>
MIME-Version: 1.0
Content-Type: text/plain


From:	IN%"unicorn@schloss.li"  "Black Unicorn" 24-APR-1996 21:06:33.48

	Thank you for the information.

>Not too bad, but there are crackdowns on anonymous and pseudonym accounts.
>MLAT's exist with the United States.  Austria has been the focus of
>careful investigations and a lot of diplomatic pressure.  EC membership
>will require compliance with standards for client identification.  The
>article is somewhat in error.  Anonymous accounts are no longer easy to
>open and generally require the voucher of a local attorney.

	Speaking of attorneys, is there any way that an attorney can serve as
an anonymous mail forwarder? The user would give the attorney permission to
look at anything suspicious (e.g., mail from a credit card company) to make
sure no fraud, theft, et al were being committed. Would this be covered under
lawyer-client confidentiality in the US?

>In general adding a country to the money laundering offender list is a
>political decision and NOT demonstrative of a country's actual money
>laundering use.  (Note that Vanuatu is not included, nor is Isle of Man).
>Mostly its a question of countries with corrupt officials who will look
>the other way, not of countries which strict banking privacy.

	Fascinating.

>This is nearly irresponsible reporting.

	Reporters nowdays are getting so overloaded that they're taking
information from whoever will talk to them. Look at what happened with the
chips-in-Iraqui printer story.
	-Allen