It has been reported that the 'elder cleansing' industry is a multi=billion dollar industry. It has been further strongly indicated that the industry has very strong ties to certain nursing home moguls. In fact one of the cadre of miscreants is reported to have purchased an interest in a Casino in Romania for the purpose of money laundering.
It is difficult to get anyone interested in the prosecution of the criminal aspects of elder cleansing i.e. isolation, exploitation, and abuse of the elderly and the disabled; however, I recall listening to journalist Gloria Sykes say that the correct approach to this problem was to investigate money laundering. I listened and realized that even though I had some first hand knowledge = gained in the Santini case, and in relation to H Mart the area is a mystery to me. When a client tried to explain the basics to me, I got hung up on Korean pears.
The following article might be of interest, to wit:
Banks and money-laundering
A fearful number
A bank rejects American accusations that it abetted financial crime
Jun 6th 2015 | From the print edition
NO NUMBER strikes fear into bankers’ hearts like “311”. That is the section of America’s Patriot Act of 2001 that gives the Treasury sweeping powers to act against those who facilitate financial crime, anywhere in the world, by labelling them a “primary money-laundering concern”. For firms badly behaved or unlucky enough to be targeted, a 311 designation is more often than not a death sentence.
The latest use of the power, in March, was against Banca Privada d’Andorra, a small money-manager based in the mountainous financial haven nestled between France and Spain. The move in effect shut the bank and its subsidiaries out of America’s financial system, preventing them from concluding any transactions denominated in dollars—an essential function for almost any bank. BPA’s Spanish unit has since been liquidated. The parent has been placed under the control of the Andorran authorities.
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