“We’re sorry for banking a pedophile human trafficker. But hey, at least we have AML/KYC!” 🤡
Discussion
Only reason this is in the news right now is because they wanna use him as a shining example of why banks are justified in debanking citizens.
Once this gets more normalized, expect the frequency to pick up quite a bit.
I was thinking the same thing.
Thank god we don’t need banks anymore
And the smart people don’t want banks
Right. Everyone should have the right to interact with other humans using human things like money.
It's the job of law enforcement, and decent humans to put down a monster. Has nothing to do with banking or money.
Two separate issues.
No one going to ask why so many non convicted people lost access to their bank accounts and were denied access while Epstein kept his?
Is kyc and aml broken? Can you prove that it does less harm than good? Can you prove it does any good?
Have you seen minority report (2002)?
So the >150 Suspicious Activity Reports (SAR) required by law to be reported to the bank’s Board of Directors was not adequate notice? GMAFB