Cleaning dirty money may be as old as money itself. In this episode, Caleb and Greg discuss the history of money laundering, from ancient China to Prohibition to the greatest American political scandal of the 20th century.

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Greg Kyte, CPA
Twitter: https://twitter.com/gregkyte
LinkedIn: https://www.linkedin.com/in/gregkyte/

Caleb Newquist
Twitter: https://twitter.com/cnewquist
LinkedIn: https://www.linkedin.com/in/calebnewquist/

Email us at ohmyfraud@earmarkcpe.com

Sources:

The History Of Money Laundering: Know The Important Origin Of Money Laundering —  Financial Crime Academy

The Three Stages Of Money Laundering And How Money Laundering Works. — Financial Crime Academy

Penn Jillette Street Performing Millionaire — Anecdotage

The evolution of money laundering from ancient China to the internet — Grant Thornton Malta

Malta a ‘transit point’ for weapons trafficking from Southern Europe to North Africa — Malta Today

Global Organized Crime Index 2023 — Global Initiative Against Transnational Organized Crime

Prohibition Profits Transformed the Mob — The Mob Museum

Prohibition — Wikipedia

The underworld laundromat: How to clean $10 million in mob money — National Post (Canada)

The "Secret" History of the Bank Secrecy Act — FTI Consulting

President Richard Nixon and the Watergate Scandal — For Dummies Website

Bank Secrecy Act — Wikipedia

Money Laundering Control Act (MLCA) Overview - Willkie Compliance

Three Elements That Must Be Proven in a Money Laundering Case — Sanction Scanner