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"You might think that I am off base, but I am published by the Securities and Exchange Commission."

Thomas Paul Murphy

Friday, March 29, 2019

Are Vacant Apartments Used to Launder and recieve Drug Money? 03 29 2019

Are Vacant Apartments Used to Launder and recieve Drug Money?  03 29 2019

Whereby:

1.  The apartment is rented out to a fictitious/entity name.
2.  The drug dealer has been given a key.  He takes the money he gets from selling the drugs to the apartment unlocks the door and leaves it inside.
3. He might pick up the drugs in another similar fashion.
4.The owner of the apartment books that money as rent.
5.  The apartment owner offsets the money from that fake rent using the depreciation rule and pays ZERO taxes.

So how do you catch and defeat this?
1.  There can be no legal entities in what might be called "Street name?"  Meaning all legal entities must bear a proprietors name.  Sounds like creating a patriarchal society doesn't it.

Actually I believe that crime is widespread that you would need to create an act and writs of execution to wipe it out.

When the criminal justice system isn't deterring certain crimes doesn't it really mean that they are legal?

Also another someone related point.  What if whether you got declared free from conviction was really dependent on how much money you were willing to pay your lawyer?  The same lawyer that establishes Standard Operating Procedures for Organized Crime to defeat the laws of a Democracy?

Perhaps ABRAHAM Lincoln is with me on this, but no one else.

© 2019 Thomas Paul Murphy

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