================================================= Expat Worlds Monthly Digest ================================================= January, 2004 Vol. 6, Issue 01 .....IN THIS DIGEST..... ==== THE STORY =================== (Compliment from the Expat World Newsletter) -=How Money is Laundered=- ==== EW SPECIAL ================== -=We're Giving it Away=- ==== HUMOR, TRIVIA, NEWS AND MORE... == -=Trivia=- -=News Story=- -=Traveller's Tales=- -=Jokes=- ==== THE RESOURCE TIP ============= -=FREE eDICATION ON THE Internet!=- ==== INSIDE THIS MONTH EXPAT WORLD == -=Table of Content=- ==== THE STORY ================================== ================================================= Expat Worlds Monthly Digest ================================================= January, 2004 Vol. 6, Issue 01 .....IN THIS DIGEST..... ==== THE STORY =================== (Compliment from the Expat World Newsletter) -=How Money is Laundered=- ==== EW SPECIAL ================== -=We're Giving it Away=- ==== HUMOR, TRIVIA, NEWS AND MORE... == -=Trivia=- -=News Story=- -=Traveller's Tales=- -=Jokes=- ==== THE RESOURCE TIP ============= -=FREE eDICATION ON THE Internet!=- ==== INSIDE THIS MONTH EXPAT WORLD == -=Table of Content=- ==== THE STORY ================================== HOW MONEY IS LAUNDERED For all you amateur "washers" out there, here is the way the CRIMINALS with lots of cash use various ways to make the "washing" look legitimate Money laundering occurs when criminals turn cash made from illegal activities into "clean" money through what appear to be legitimate business enterprises. The issue of money laundering arose recently when the Royal Canadian Mounted Police (RCMP) announced that a 20-month investigation into marijuana trafficking and cocaine importing led to police executing search warrants at various locations, including the legislature offices of two non-elected staff members. It is a fact today, that the value of the illegal marijuana trade alone is estimated to be worth in excess of US $6 billion. The marijuana "business" is still illegal in most jurisdictions and generates huge amounts of cash for organized crime and individual entrepreneurs which must "launder" illegal profits to avoid prosecution, increase wealth and evade taxes. Money Laundering Methods: * Smurfing. Probably the most commonly used method, it involves many individuals who deposit cash or buy bank drafts in amounts under $10,000. This method is common to both Canada and the U.S. Deposits of more than $10,000 have to be reported by banks. * Bank complicity. A co-opted bank employee facilitates illegal money laundering. * Currency exchanges. They provide a service that permits buying foreign currency that can be transported out of the country. Money can also be wired to offshore bank accounts. * Securities brokers. A stock broker can take large wads of cash and issue securities in exchange. * Asset purchases with bulk cash. Money launderers purchase such big-ticket items as cars, boats, planes or real estate. In many cases, launderers may use the asset but will distance themselves by having assets registered in the name of a friend or trusted associate. * Electronic transfer of funds. Wiring money from one city or country to another. This can be done using "dummy" companies set up for money laundering. * Postal money orders. Cash is exchanged for money orders, which are then shipped out of the country for deposit. * Credit cards. Criminals often overpay credit cards and keep a high credit balance that can be turned into cash at any time and place. * Gambling in casinos. Cash can be taken to a casino to purchase chips. After gambling, chips can be redeemed at the cashier's cage, where a casino cheque is issued. * Refining. Individuals change small bills into large ones by visiting a number of banks so as not to arouse suspicion. The purpose of refining is to decrease the bulk of larger cash quantities. Drug deals, for example, often involve large amounts of $20 bills. * Legitimate business/commingling of funds. Criminals take over or invest in businesses such as restaurants, hotels, nightclubs or vending machines that handle a high cash volume, thereby mixing illicit proceeds with legitimate business. * Reverse flip. A money launderer may find a cooperative property seller who agrees to a reported purchase price well below the actual value and then accepts the difference "under the table." The launderer can, for example, purchase a $2 million property for $1 million and, after holding the property for some time, sell it for its true value of $2 million. * Loanback. A criminal provides an associate with a specific amount of illegitimate money. The associate then provides a "loan or mortgage" back to the trafficker for the same amount with all the necessary "loan and/or mortgage" documentation. This creates an illusion that the trafficker's funds are legitimate. The scheme is reinforced through "legitimately" scheduled payments made on the loan by the traffickers. ==== EW SPECIAL ================================= WE'RE GIVING IT AWAY Most of you our readers are familiar with our 5 book CD called the "W.G. Hill CD". We've been selling it for a few years at the ridiculously low price of US $100 (the hard copy versions of the same books sold for over US $1000 (thousand) previously. To refresh your mind the 5 books are, PT--Perpetual Traveller, The Passport Report, The Invisible Investor, PTO -- Portable Trades and Occupations and How to Become an Honorary Consul General. NOW HEAR THIS: Most of you have been reading the Expat World Digest for FREE for the past few years, Some of you subscribe to the "mothership," the EXPAT WORLD NEWSLETTER, hard copy edition and some of you subscribe to the electronic version of the EXPAT WORLD NEWLETTER delivered via email in PDF format in the same style as the hard copy edition. We will give you absolutely FEE the Hill CD if you subscribe to the electronic edition of the EXPAT WORLD NEWSLETTER. Come on it's only US $30 per year. If you like the "Expat World DIGEST, you'll LOVE the EXPAT WORLD NEWSLETTER which gets the best material with the DIGEST getting the leftovers! We would like each and every one of you to give the subscription a try. **** Money Back Guarantee -- If for any reason you don't like The EXPAT WORLD NEWSLETTER after reading 3 issues, just let us know and we will refund your $30 and you KEEP THE HILL CD FREE. *** HOW TO ORDER: 1. Go to www.expatworld.net - click "Newsletter" at the top menu and go to the "Subscribe" section, enter a subscription and then put in the "Gift Certificate" box 'FREE-HILL'. 2. Just put a US $30 check, money order or cash (with cash we take all hard currency at the official rate of the day) in an envelope and send REGISTERED AIRMAIL to: Expat World, Box 1341 Raffles City, Singapore 911745, Attn: Max Bushby. Put a note in ordering the sub and the CD that states something like: "EW Digest special sub-CD offer for its readers." Be sure to give us an EMAIL address so we know where you want your electronic edition sent. Get the CD and the subscription now, TODAY for this offer is limited to the next 30 days. ==== HUMOR, TRIVIA, NEWS AND MORE... ================ MURPHY'S LAWS ON SEX 1. The more beautiful the woman is who loves you, the easier it is to leave her with no hard feelings. 2. Nothing improves with age. 3. No matter how many times you've had it, if it's offered take it, because it'll never be quite the same again. 4. Sex has no calories. 5. Sex takes up the least amount of time and causes the most amount of trouble. 6. There is no remedy for sex but more sex. 7. Sex appeal is 50% what you've got and 50% what people think you've got. 8. No sex with anyone in the same office. 9. Sex is like snow; you never know how many inches you are going to get or how long it is going to last. 10. A man in the house is worth two in the street. 11. If you get them by the balls, their hearts and minds will follow. 12. Virginity can be cured. 13. When a man's wife learns to understand him, she usually stopslistening to him. 14. Never sleep with anyone crazier than yourself. 15. The qualities that most attract a woman to a man are usually thesame ones she can't stand years later. 16. Sex is dirty only if it's done right. 17. It is always the wrong time of month. 18. The best way to hold a man is in your arms. 19. When the lights are out, all women are beautiful. 20. Sex is hereditary. If your parents never had it, chances are youwon't either. 21. Sow your wild oats on Saturday night -- Then on Sunday pray forcrop failure. 22. The younger the better. 23. The game of love is never called off on account of darkness. 24. It was not the apple on the tree but the pair on the ground that caused the trouble in the garden. 25. Sex discriminates against the shy and the ugly. 27. Before you find your handsome prince, you've got to kiss a lot of frogs. 28. There may be some things better than sex, and some things worse than sex. But there is nothing exactly like it. 29. Love your neighbor, but don't get caught. 30. Love is a hole in the heart. 31. If the effort that went in research on the female bosom had gone into our space program, we would now be running hot-dog stands on the moon. 32. Love is a matter of chemistry, sex is a matter of physics. 33. Do it only with the best. 34. Sex is a three-letter word which needs some old-fashionedfour-letter words to convey its full meaning. 35. One good turn gets most of the blankets. 36. You cannot produce a baby in one month by impregnating nine women. 37. Love is the triumph of imagination over intelligence. 38. It is better to have loved and lost than never to have loved at all. 39. Thou shalt not commit adultery.....unless in the mood. 40. Never lie down with a woman who's got more troubles than you. 41. Abstain from wine, women, and song; mostly song. 42. Never argue with a women when she's tired -- or rested. 58. Never go to bed mad, stay up and fight. 59. Love is the delusion that one woman differs from another. 60. "This won't hurt, I promise." ----- NEWS STORY Decomposing Whale Explodes on Street TAIPEI (Reuters) - The decomposing remains of a 60-tonsperm whale exploded on a busy Taiwan street, showering nearby cars and shops with blood and organs and stopping traffic for hours, local newspapers said. The 56-foot dead whale had been on a truck headed for an autopsy at a university earlier this week, when gases from internal decay caused its entrails to explode in the southern city of Tainan. The whale had died after it was beached on the southwestern coast of the island. - In England, the residents of an estate in Essex are afraid that their road signs will be stolen when the "Lord of the Rings" film opens in theatres. Over twenty roads on the estate are named after characters and places from the book series written by JRR Tolkien. A local resident, Ray Massey, told a reporter from The Mirror, "There is nowhere better to live. But I do fear the souvenir hunters"... ----- TRAVELLER'S TALES A DOG'S LIFE: A man decided to take revenge on his neighbour by buying a dog and naming it after her. Fang, a resident of Wulong in Chongqing, China, bought a dog and named it Ling Ling--almost the same name as the woman who lived next door to him, who was known as Lin Ling. He then got into the habit of making loud remarks at home and in public places about the dreadful behaviour of Ling Ling. He even uttered curses against Ling Ling, the Chongqing Morning Post reported. Lin is demanding the equivalent of $100 in compensation for a damaged reputation. ----- "I am a marvelous housekeeper. Every time I leave a man I keep his house." -- Zsa Zsa Gabor - "Now they show you how detergents take out bloodstains, a pretty violent image there. I think if you've got a T-shirt with a bloodstain all over it, maybe laundry isn't your biggest problem.Maybe you should get rid of the body before you do the wash." -- Jerry Seinfeld. ----- Oxymoron: equal justice ----- ==== THE RESOURCE TIP ============================ FREE-ED-NET FREE EDUCTAION ON THE INTERNET! Free-Ed is all about free education on the Internet. It's a simple as that--no tuition payments and no hidden charges. They assembled links to the best course notes, outlines, tutorials, courses and e-texts. Go to ==== INSIDE THIS MONTH EXPAT WORLD =============== EXPAT WORLD NEWSLETTER (VOL.16 ISSUE 01) Table of Content: - THE WORLD'S NEWEST TAX HAVEN - BITS AND PIECES - LETTER FROM AMERICA - HOW MONEY IS LAUNDERED - DISORDER IN THE AMERICAN COURTS - SO YOU WANT TO BE AN EXPATRIATE - THE ARMCHAIR INVESTOR - THE FUNDAMENTALS OF A FALLING DOLLAR - THE LOCAL SCENE -- CHINESE NEW YEAR 2004 - THE YEAR OF THE MONKEY - PAY-AS-YOU-SURF INTERNET ACCESS TAKES OFF - EXPAT WORLD'S WORLD OF TRAVEL - A HOME STAY IN SAMOA - A DAY TRIP FROM VIENNA - PORTABLE TRADES AND OCCUPATIONS - INTERNATIONAL SNIPS AND CLIPS - QUALITY HEALTH CARE FOR PENNIES ON THE DOLLAR - BIG BROTHER AMERICA - DON'T KNOW MUCH ABOUT CHRISTMAS CUSTOMS AROUND THE WORLD? - CRAPPER RAPPER - SHIT HITTING THE FAN YOU MISSING SO MUCH Each week the EXPAT WORLD DIGEST gives you just a smattering of what you can find in the EXPAT WORLD newsletter that we produce once a month. Why not get the whole story and subscribe now to our electronic version for just US $30 per year. Go to our website: www.expatworld.net to sign up. ********************************************************************* EXPAT WORLD - the newsletter of international living FREE Trial Subscription at http://www.expatworld.net/ URL - http://www.expatworld.net Email - office@expatworld.net ---------- End of Expat World Digest -------------------------------- To unsubscribe, write to unsubscribe-digest@expatworld.net ==== EW SPECIAL ================================= WE'RE GIVING IT AWAY Most of you our readers are familiar with our 5 book CD called the "W.G. Hill CD" We've been selling it for a few years at the ridiculously low price of US $100 (the hard copy versions of the same books sold for over US $1000 (thousand) previously. To refresh your mind the 5 books are, PT--Perpetual Traveller, The Passport Report, The Invisible Investor, PTO -- Portable Trades and Occupations and How to Become an Honorary Consul General. NOW HEAR THIS: Most of you have been reading the Expat World Digest for FREE for the past few years, Some of you subscribe to the "mothership," the EXPAT WORLD NEWSLETTER, hard copy edition and some of you subscribe to the electronic version of the EXPAT WORLD NEWLETTER delivered via email in PDF format in the same style as the hard copy edition. We will give you absolutely FEE the Hill CD if you subscribe to the electronic edition of the EXPAT WORLD NEWSLETTER. Come on it's only US $30 per year. If you like the "Expat World DIGEST, you'll LOVE the EXPAT WORLD NEWSLETTER which gets the best material with the DIGEST getting the leftovers! We would like each and every one of you to give the subscription a try. **** Money Back Guarantee -- If for any reason you don't like The EXPAT WORLD NEWSLETTER after reading 3 issues, just let us know and we will refund your $30 AND YOU KEEP THE HILL CD FREE. *** HOW TO ORDER: 1. Go to www.expatworld.net - click "Newsletter" at the top menu and go to the "Subscribe" section, enter a subscription and then put in the "Gift Certificate" box FREE-HILL. 2. Just put a US $30 check, money order or cash (with cash we take all hard currency at the official rate of the day) in an envelope and send REGISTERED AIRMAIL to: Expat World, Box 1341 Raffles City, Singapore 911745, Attn: Max Bushby. Put a note in ordering the sub and the CD that states something like: "EW Digest special sub-CD offer for its readers." Be sure to give us an EMAIL address so we know where you want your electronic edition sent. Get the CD and the subscription now, TODAY for this offer is limited to the next 30 days. ==== HUMOR, TRIVIA, NEWS AND MORE... ================ MURPHY'S LAWS ON SEX 1. The more beautiful the woman is who loves you, the easier it is to leave her with no hard feelings. 2. Nothing improves with age. 3. No matter how many times you've had it, if it's offered take it, because it'll never be quite the same again. 4. Sex has no calories. 5. Sex takes up the least amount of time and causes the most amount of trouble. 6. There is no remedy for sex but more sex. 7. Sex appeal is 50% what you've got and 50% what people think you've got. 8. No sex with anyone in the same office. 9. Sex is like snow; you never know how many inches you are going to get or how long it is going to last. 10. A man in the house is worth two in the street. 11. If you get them by the balls, their hearts and minds will follow. 12. Virginity can be cured. 13. When a man's wife learns to understand him, she usually stopslistening to him. 14. Never sleep with anyone crazier than yourself. 15. The qualities that most attract a woman to a man are usually thesame ones she can't stand years later. 16. Sex is dirty only if it's done right. 17. It is always the wrong time of month. 18. The best way to hold a man is in your arms. 19. When the lights are out, all women are beautiful. 20. Sex is hereditary. If your parents never had it, chances are youwon't either. 21. Sow your wild oats on Saturday night -- Then on Sunday pray forcrop failure. 22. The younger the better. 23. The game of love is never called off on account of darkness. 24. It was not the apple on the tree but the pair on the ground that caused the trouble in the garden. 25. Sex discriminates against the shy and the ugly. 27. Before you find your handsome prince, you've got to kiss a lot of frogs. 28. There may be some things better than sex, and some things worse than sex. But there is nothing exactly like it. 29. Love your neighbor, but don't get caught. 30. Love is a hole in the heart. 31. If the effort that went in research on the female bosom had gone into our space program, we would now be running hot-dog stands on the moon. 32. Love is a matter of chemistry, sex is a matter of physics. 33. Do it only with the best. 34. Sex is a three-letter word which needs some old-fashionedfour-letter words to convey its full meaning. 35. One good turn gets most of the blankets. 36. You cannot produce a baby in one month by impregnating nine women. 37. Love is the triumph of imagination over intelligence. 38. It is better to have loved and lost than never to have loved at all. 39. Thou shalt not commit adultery.....unless in the mood. 40. Never lie down with a woman who's got more troubles than you. 41. Abstain from wine, women, and song; mostly song. 42. Never argue with a women when she's tired -- or rested. 58. Never go to bed mad, stay up and fight. 59. Love is the delusion that one woman differs from another. 60. "This won't hurt, I promise." ----- NEWS STORY Decomposing Whale Explodes on Street TAIPEI (Reuters) - The decomposing remains of a 60-tonsperm whale exploded on a busy Taiwan street, showering nearby cars and shops with blood and organs and stopping traffic for hours, local newspapers said. The 56-foot dead whale had been on a truck headed for an autopsy at a university earlier this week, when gases from internal decay caused its entrails to explode in the southern city of Tainan. The whale had died after it was beached on the southwestern coast of the island. - In England, the residents of an estate in Essex are afraid that their road signs will be stolen when the "Lord of the Rings" film opens in theatres. Over twenty roads on the estate are named after characters and places from the book series written by JRR Tolkien. A local resident, Ray Massey, told a reporter from The Mirror, "There is nowhere better to live. But I do fear the souvenir hunters"... ----- TRAVELLER'S TALES A DOG'S LIFE: A man decided to take revenge on his neighbour by buying a dog and naming it after her. Fang, a resident of Wulong in Chongqing, China, bought a dog and named it Ling Ling--almost the same name as the woman who lived next door to him, who was known as Lin Ling. He then got into the habit of making loud remarks at home and in public places about the dreadful behaviour of Ling Ling. He even uttered curses against Ling Ling, the Chongqing Morning Post reported. Lin is demanding the equivalent of $100 in compensation for a damaged reputation. ----- "I am a marvelous housekeeper. Every time I leave a man I keep his house." -- Zsa Zsa Gabor - "Now they show you how detergents take out bloodstains, a pretty violent image there. I think if you've got a T-shirt with a bloodstain all over it, maybe laundry isn't your biggest problem.Maybe you should get rid of the body before you do the wash." -- Jerry Seinfeld. ----- Oxymoron: equal justice ----- ==== THE RESOURCE TIP ============================ FREE-ED-NET FREE EDUCTAION ON THE INTERNET! Free-Ed is all about free education on the Internet. It's a simple as that--no tuition payments and no hidden charges. They assembled links to the best course notes, outlines, tutorials, courses and e-texts. Go to ==== INSIDE THIS MONTH EXPAT WORLD =============== EXPAT WORLD NEWSLETTER (VOL.16 ISSUE 01) Table of Content: - THE WORLD'S NEWEST TAX HAVEN - BITS AND PIECES - LETTER FROM AMERICA - HOW MONEY IS LAUNDERED - DISORDER IN THE AMERICAN COURTS - SO YOU WANT TO BE AN EXPATRIATE - THE ARMCHAIR INVESTOR - THE FUNDAMENTALS OF A FALLING DOLLAR - THE LOCAL SCENE -- CHINESE NEW YEAR 2004 - THE YEAR OF THE MONKEY - PAY-AS-YOU-SURF INTERNET ACCESS TAKES OFF - EXPAT WORLD'S WORLD OF TRAVEL - A HOME STAY IN SAMOA - A DAY TRIP FROM VIENNA - PORTABLE TRADES AND OCCUPATIONS - INTERNATIONAL SNIPS AND CLIPS - QUALITY HEALTH CARE FOR PENNIES ON THE DOLLAR - BIG BROTHER AMERICA - DON’T KNOW MUCH ABOUT CHRISTMAS CUSTOMS AROUND THE WORLD? - CRAPPER RAPPER - SHIT HITTING THE FAN YOU MISSING SO MUCH Each week the EXPAT WORLD DIGEST gives you just a smattering of what you can find in the EXPAT WORLD newsletter that we produce once a month. Why not get the whole story and subscribe now to our electronic version for just US $30 per year. Go to our website: www.expatworld.net to sign up. ********************************************************************* EXPAT WORLD - the newsletter of international living FREE Trial Subscription at http://www.expatworld.net/ URL - http://www.expatworld.net Email - office@expatworld.net ---------- End of Expat World Digest -------------------------------- To unsubscribe, write to unsubscribe-digest@expatworld.net