Natalee Case Discussion #743 3/14 - 3/19/08

[Katherine]

Ahhh very interesting! Rik Smid is a expert on Money Laundering in Casino's!

Snip 
Caribbean Financial Action Task Force

Caribbean Financial Action Task Force CFATF Typology Exercise II: Casino Regulatory Conference Aruba - July 16-17, 1997

The Nature and Extent of Money Laundering in the Casino and Gaming Industry Hon. Tennyson R.G. Wells, AG and Minister of Justice-The Bahamas
Mr. Rick Smid, National Public Prosecutor-Netherlands

Mr. Smid noted that Casinos are attractive to money launderers for a variety of reasons. One reason that Casinos are attractive to money launderers is because they offer a broad range of financial services including the issuing of credit, transfers of money into and out of bank accounts, currency exchanges services, issuance of checks and the acceptance of deposits.

be paid out in the form of a check or transferred to a bank account. While large deposits or withdrawals may cause unwanted attention, this may not be the case if such deposits or withdrawals are structured into smaller amounts. Money Launderers can also utilise Casinos to legitimise large amounts of proceeds by claiming they are gambling earnings. It is also possible that regulations can be relaxed for important customers; indeed casino employees may even be tempted into assisting customers deposit their funds without notice. Furthermore if a casino company operates gaming establishments in several jurisdictions, it can transfer funds among this establishment to obscure the origins of the funds and thereby assist in the layering of illicit proceeds. Furthermore, under certain circumstances customers can play anonymously in Casinos. In analysing the money laundering risks to the Casino industry, Mr. Smid suggested that a schematic by applied with two scenarios, one in which the casino management is involved and the other where the management is not involved. According to Mr. Smid, large scale money laundering is only possible if the casino management/ownership is involved. It is therefore vital that the ultimate beneficial ownership of the casino be established and to check on the integrity of the management of the casino and its staff. and this however is not often easy. Even when management is not involved in money laundering in casinos, problems can occur. In reviewing preventive measures, Mr Smid commented that in the Netherlands casinos are obligated to report unusual transactions and that these reports are both of a repressive and a preventative nature. Preventative measures include determining the ultimate beneficiary ownership of casinos, insuring the integrity of the management, efficient and effective internal administrative procedures, customer identification procedures, and unusual or suspicious transactions reporting requirements. Mr. Smid continued by delineating several examples of money laundering through casinos in the Netherlands. Mr. Smid described a situation where a customer approached a bank with a large amount of cash to deposit claiming the source of the cash to be casino winnings. These statements are difficult to verify, in the Netherlands there is, however, a reporting requirement for these types of unusual transactions as well as a requirement for customer identification. Mr Smid reiterated the difficulty for law enforcement and other authorities to determine beneficial ownership of some casinos when there is a link to bank secrecy jurisdictions. Indicators for unusual transactions reporting for Casino 4 objective and two subject indicators. The objective indicators for reporting are cash deposits of over 25,000 Dutch Guilders, wire transactions of over 25,000 Dutch Guilders, Selling of chips for cheques or foreign currency in excess of 25,000 Dutch Guilders. Subjective indicators incorporated other transactions which appear to be related to money laundering and structuring below the 25,000 Dutch Guilders. Mr Smid then presented a summary analysis of disclosures from received from Jan 1995- Nov. 96, 1861 Unusual Transactions by 336 persons 50% were Dutch nationality. 95% were cash transactions 192 by 54 persons were referred to Pub Prosecutors as Suspicious and 80% of these were cash transactions.

www.cfatf.org/eng/typoexe/casino/index.pdf


Betcha old Smid had a hand in our infamous Mr.Posner's acquisition of a license to run a casino, too! 

I do have info that says that one of the three judges who were making rulings on Natalee's case (the ones in Curasao) recommended Paulus to the judge in training program.  I kept it because it caught my attention on one of the other blogs when one of the RU talking heads argued that that didn't mean there was any conflict of interest!  I'll go try to find  it. BBL

[Keepthefaith]

I would think these would be angles Peter would be working on.Paulus's family tree in the Cover-up,as well as corruption in the Natalee Holloway case.I believe we have Angels in places we least expect and they work in there own time.Keepthefaith.....

[texasmom]

http://www.caribbeancourtofjustice.org/judges_pages/wit.html
The Honourable Mr. Justice Jacob Wit
The Honourable Mr. Justice Jacob Wit (Netherlands Antilles) was born on 24 December 1952 in Haarlemmermeer, The Netherlands. He graduated from the Pius X Lyceum (Amsterdam) in 1971, entering in that same year the Vrije Universiteit (Free University) of Amsterdam, from which he took the degree of Master of Laws with honours in 1977. After completing his military service (1976-1978) as a Second Lieutenant in the Royal Dutch Navy, Mr. Justice Wit was admitted in March 1978 as a Judicial Trainee at the Studi­ecen­trum Rechtspleging (Training and Study Centre for the Judiciary) in Zutphen, where he remained enrolled until 1984. During this period, he held the posts of Law Clerk in the Rotterdam District Court, Rot­ter­dam, (1978-1980) and Deputy Prosecutor at the Amsterdam District Court (1980-1982) and worked as an attorney-at-law with the Law Firm of Van Doorne & Sjollema in Rotterdam.

Mr. Justice Wit was appointed by Her Majesty Queen Beatrix of the Netherlands as Deputy Judge of the Rotterdam District Court in January 1984, Judge of the Rotterdam District Court in March 1985 and Judge of the Joint Court of Justice of the Netherlands Antilles and Aruba on 1 October 1988. This Court consists of two Courts of First Instance (Netherlands Antilles, Aruba) and a Court of Appeal. Resident in Curaçao since 1986, from then to the present, Mr. Justice Wit has presided over or sat in the Court of Appeal, but mainly presided in the Courts of First Instan­ce over a wide range of cases, involving: civil law (contract, tort, property, succession), commercial and admiralty law, insurance, bankruptcy and (cross border) insolvency, company law and intellectual property, criminal law (serious crime, government corruption, international fraud, money laundering), military law, administrative law, constitutional law and international human rights law.

Over this period, he has acquired significant expertise in various posts within the Joint Court of Justice system: as Coordinating Judge, Court of First Instance, Curacao (1993-1996); Coordinator Judge of Instruction, Netherlands Antilles (1994-1997); Coordinating Judge for the Dutch Windward Islands of Sint Maarten, Sint Eustatius and Saba (1997-2001) and from 2001 to the present as Senior Justice and Acting Chief Justice. The Honourable Mr. Justice Jacob Wit took the Oath of Office as a Judge of the Caribbean Court of Justice (CCJ) at The President's House Port of Spain, on Wednesday 1 June 2005. The oath was administered by His Excellency Professor George Maxwell Richards, President of the Republic of Trinidad & Tobago.

Off the Bench, Mr. Justice Wit has served as Chairman of the Committee of Supervision of the Nether­lands Antilles' Prisons and Houses of Detention (1987-1991); Chairman of the Board of Discipline for Medical Doctors (1992-1995); President of the Military Court of the Nether­lands Antilles (1992-present); Chairman of the Judicial Working Groups on (a) Videoconfe­ren­cing in Court and (b) Code of Ethics for the Judiciary (2003-present); and Chairman of the Committee of Supervision of the Securi­ty Servi­ce of Aruba (2004-present). He has also been a member of the National Committee On Revising the Codes of Crimi­nal Procedure of the Netherlands Antilles and Aruba (1987-1998); and Vice-President of the National Committee On Revi­sing the Crimi­nal Code of the Netherlands Antilles (2002-present).

The Honourable Judge has earned an international reputation as organiser of or presenter at important international legal conferences in various territories of the Dutch, French and Commonwealth Caribbean, one highlight of these activities being as Judicial panellist (together with the Hon. Burton Lifland, U.S. Bankruptcy Judge for the Southern District of New York) in London in 2000 with a contribution on "Cross Border Insol­vencies: A Judicial Perspective of the Cooperation and Coordi­nation Between Civil and Common Law Jurisdictions".

Some of Mr. Justice Wit's assignments in recent times have brought him into close contact with Judiciaries of the English, French and Spanish speaking Caribbean. He has led judicial delegations to Antigua & Barbuda (1997) and Cuba (2002) for the purpo­se of obtaining evidence in high profile criminal cases in those territories. In his role as judicial educator, the Honourable Judge has been involved in conducting training workshops and seminars for judicial trainees and Judges from Surina­me, Haiti, and the Commonwealth Caribbean. He speaks English, French, German, Dutch and Papiamento, with a passive knowledge of Spanish.

The Honourable Mr. Justice Wit is married to Sheila Wit-Thodé, a native of Curaçao. They have 4 children: Demseys, Taciana, Eurydice, and Nausi­caä, all born in Curaçao
 

[Kat_Gram]

I hope they do sue Greta and Fox. It should be entertaiing to us at least.
Maybe Greta could re run the pictures she took of the not so nice ( Palm Beach  area ) of Aruba she took. Looked like a third world dump to me. Most of the population works in the service aspect jobs at low wages. Crappy housing for the majority of their citizens. The only people who do well are the criminals or the Dutch elite who squeze every cent they can out of anyone who they come upon. The only way some of these folks can get anywhere is by doing illegal things, like drug running or smuggling.
Greta, although I do not like her, has a TV show available to shoot her mouth off on every night. Aruba must be just crazy.     

[Katherine]

Ahhh very interesting! Rik Smid is a expert on Money Laundering in Casino's!

Snip 
Caribbean Financial Action Task Force

Caribbean Financial Action Task Force CFATF Typology Exercise II: Casino Regulatory Conference Aruba - July 16-17, 1997

The Nature and Extent of Money Laundering in the Casino and Gaming Industry Hon. Tennyson R.G. Wells, AG and Minister of Justice-The Bahamas
Mr. Rick Smid, National Public Prosecutor-Netherlands

Mr. Smid noted that Casinos are attractive to money launderers for a variety of reasons. One reason that Casinos are attractive to money launderers is because they offer a broad range of financial services including the issuing of credit, transfers of money into and out of bank accounts, currency exchanges services, issuance of checks and the acceptance of deposits.

be paid out in the form of a check or transferred to a bank account. While large deposits or withdrawals may cause unwanted attention, this may not be the case if such deposits or withdrawals are structured into smaller amounts. Money Launderers can also utilise Casinos to legitimise large amounts of proceeds by claiming they are gambling earnings. It is also possible that regulations can be relaxed for important customers; indeed casino employees may even be tempted into assisting customers deposit their funds without notice. Furthermore if a casino company operates gaming establishments in several jurisdictions, it can transfer funds among this establishment to obscure the origins of the funds and thereby assist in the layering of illicit proceeds. Furthermore, under certain circumstances customers can play anonymously in Casinos. In analysing the money laundering risks to the Casino industry, Mr. Smid suggested that a schematic by applied with two scenarios, one in which the casino management is involved and the other where the management is not involved. According to Mr. Smid, large scale money laundering is only possible if the casino management/ownership is involved. It is therefore vital that the ultimate beneficial ownership of the casino be established and to check on the integrity of the management of the casino and its staff. and this however is not often easy. Even when management is not involved in money laundering in casinos, problems can occur. In reviewing preventive measures, Mr Smid commented that in the Netherlands casinos are obligated to report unusual transactions and that these reports are both of a repressive and a preventative nature. Preventative measures include determining the ultimate beneficiary ownership of casinos, insuring the integrity of the management, efficient and effective internal administrative procedures, customer identification procedures, and unusual or suspicious transactions reporting requirements. Mr. Smid continued by delineating several examples of money laundering through casinos in the Netherlands. Mr. Smid described a situation where a customer approached a bank with a large amount of cash to deposit claiming the source of the cash to be casino winnings. These statements are difficult to verify, in the Netherlands there is, however, a reporting requirement for these types of unusual transactions as well as a requirement for customer identification. Mr Smid reiterated the difficulty for law enforcement and other authorities to determine beneficial ownership of some casinos when there is a link to bank secrecy jurisdictions. Indicators for unusual transactions reporting for Casino 4 objective and two subject indicators. The objective indicators for reporting are cash deposits of over 25,000 Dutch Guilders, wire transactions of over 25,000 Dutch Guilders, Selling of chips for cheques or foreign currency in excess of 25,000 Dutch Guilders. Subjective indicators incorporated other transactions which appear to be related to money laundering and structuring below the 25,000 Dutch Guilders. Mr Smid then presented a summary analysis of disclosures from received from Jan 1995- Nov. 96, 1861 Unusual Transactions by 336 persons 50% were Dutch nationality. 95% were cash transactions 192 by 54 persons were referred to Pub Prosecutors as Suspicious and 80% of these were cash transactions.

www.cfatf.org/eng/typoexe/casino/index.pdf


Betcha old Smid had a hand in our infamous Mr.Posner's acquisition of a license to run a casino, too! 

I do have info that says that one of the three judges who were making rulings on Natalee's case (the ones in Curasao) recommended Paulus to the judge in training program.  I kept it because it caught my attention on one of the other blogs when one of the RU talking heads argued that that didn't mean there was any conflict of interest!  I'll go try to find  it. BBL

--------------------------------------------------------------------------------

I was wrong about Smid being the judge who recommended Paulus.  I couldn't get the Dutch link to work for the following, but this is a portion that was already translated.
APPOINTMENTS COMMON COURT OF JUSTICE OF the NETHERLANDS ANTILLES AND ARUBA the realm council of ministers has agreed on proposal of minister Remkes of internal matter and kingdom relations with a pair appointments. The lord Mr. G.E.M. Polkamp (52) are proposed for appointment to member of the common Court of Justice of the Netherlands Antilles and Aruba. At present Mr Polkamp deputy member of the court is. The appointment discusses 1 January 2003. the lord Mr. P.A.P.J. of of the ditch (50) is proposed for appointment to deputy member of the common Court of Justice of the Netherlands Antilles and Aruba. The lord of of the ditch is now operative as a principal private secretary at the Procurator-General of Aruba. The appointment discusses 1 January 2003 for a period of three years. 

[katrien]

******* - can you condense to bullet points what Johan's post says, lol 

I know what you mean Klaas, I've read it three times!  I get some of the points but I'm sure I'm missing others. 

I have the same problem as the translator doesnt always do it's job. I have to look up words like Zoonlief (Lovely Boy I think) Johan was one of the first to read Beth's book in Holland so it would be interesting to see what him and Katrien thought of it. I know Flipper also from Holland said his draw dropped when he read Daves book,he even told me he had a tear in his eye.

It will be interesting to see how many book's Beth sells in Holland because so many only knew mis-information that made Natalee and Beth look bad. I noticed nthey don't feel the same about Dave.

This year I read the article of Renee Gielen. Persons who have learned to read and count to ten (nothing more is necessary)
are able to find out that the article is full on nonsens and lies.
She tells Natalee has been in a rehab before she went to Aruba.
This is one of the most silliest things a reporter can write of a very good and healthy looking 18 year old girl who graduated from highschool and is (very successful) admitted to a school were she can follow an medical study.
Renee Gielen had all kind of different anonymous sources.

These ridiculous nonsens are for me reasons to skip Renee Gielen and the Natalee bashers and do not spent time in reading all kind of nonsens.
Better keep concentrating on the facts:
Natalee was last seen with Joran and the Kalpoe brothers.
They lie about everyting.
They probably went to the house of VdS.

Why?

What I think of the book of Beth? I was shocked.

Beth was not expected to be so quick at the house of VdS.

[Katherine]

This was what I was remembering about the judge who had chosen Paulus to be a judge.  (courtesy of nataleesfreebirds)

Interior Minister Johan Remkes was called upon by Rudy Croes to take over the Natalee Holloway investigation in August of last year.

Official Remkes is the individual who recommended Paulus van der Sloot be appointed to the bench of the Joint Court.

Aruba's Justice Minister Rudy Croes sent a letter last week to Netherlands' Internal Affairs Minister Johan Remkes and to another Dutch official asking the Dutch police to handle the case, saying little progress had been made, the Solo di Pueblo newspaper reported.

If Dutch police take over the investigation, they will have access to all case files and their own office, according to the newspaper, which didn't cite its source. Remkes will visit the Dutch Caribbean islands, including Aruba, next week, authorities said in the Netherlands.

http://www.decaturdaily.com/decaturdaily/news/060826/aruba.shtml 8-26-06

[Katherine]

Sorry, I forgot to say hi, monkeys!   
 

I still have a hard time putting my finger on things I've read, so please forgive me if I post slowly.  I know you guys have been here a long time and have read everything aready, so I'll try to search this site before I post things from other sites to make sure its not already here somewhere. 


Are any of the Atlanta monkeys here tonight?  Did everyone survive the storms ok last night? I live in Austin, but my daughter is in school at Emory.  She's on a field trip in Equador right now, and I don't know which scares me more.....tornados or rebel guirillas! 

[Kat_Gram]

Hello Katherine, My you have a lovely name.
Aruba always makes a big splash about stuff they are going to do, like get the KLPD involved. We even saw a picure of a packing case of documents leaving with them then nothing. Not one piece of paper has surfaced in a public fashion or been turned over to the family. By this time, the " investigation" must be over. When the case was first on the NG show, there was always a two year limit that was spoken of. If no charges were laid and no one charged, then the family could have the papers. If they never officially close the case, then I guess there is their reason for not making the  documents available to the family. It's just a game about money and tourism to them.

[Tater]

Miss Scarlet from Atlanta proper here.  As for Tot and Destiny, I don't know where they live, although Destiny mentioned a few miles from Gainesville, if I recall correctly.

Several areas are without power and Georgia Power estimates that power will not be completely restored until perhaps Tuesday.

The damage is wide spread and really looks like a war zone.  You can go to www.ajc.com for photos.  It's truly amazing.

At our house, as far as we know, we lost one pine tree.  Snapped it off about 2 feet from the ground and carried it off further down the yard but away from the house.  Praise the Lord!

Thanks for the information Miss Scarlet, and I'm so glad that you received minimal damage and are o.k.  Hopefully Tot and Destiny are some of the ones that are without power and will check in as soon as it is restored.  Prayers for Tot and Destiny and all of our other Georgia monkeys!

All is fine here!Thankyou for the prayers.I live in Tn but very close to the Ga line.We got heavy rain and some winds with all the lights and noise but didn't lose power or cable.What a surprise! It's supposed to be nice today so thinking of taking the boat out and cruising around for awhile.The *Sonshine* feels good on my old bones..Thanks again for praying..It really blesses me to know that there are those that do the most important thing a person could do for someone else,pray..

[KarmaRoundUp]

There is no way Joran is in a hospital of any sorts. If that was true then Aruba would be yelling it from the rooftops just to let the U.S. know they have taken care of him.

I disagree.  I think he could be in a psych facility for his own protection.

Well I would agree to that but ONLY for protection just like when he was held at KIA. He was in there for nothing more than protection and to control his mouth.

Also would be the easy out aruba has been searching for:
joran is mentally ill,his docs say so.
joran kinda confesses to Natalee's death.
joran now has proof he is mentally ill.
joran is charged,found guilty but mentally ill,given a few months in a mental ward.
Case closed.
aruba can now go on as before(so they think)without uncovering any of the coverups and corruptions on the once happy island.
The end(so they think)

[Tater]

Sorry, I forgot to say hi, monkeys!   
 

I still have a hard time putting my finger on things I've read, so please forgive me if I post slowly.  I know you guys have been here a long time and have read everything aready, so I'll try to search this site before I post things from other sites to make sure its not already here somewhere. 


Are any of the Atlanta monkeys here tonight?  Did everyone survive the storms ok last night? I live in Austin, but my daughter is in school at Emory.  She's on a field trip in Equador right now, and I don't know which scares me more.....tornados or rebel guirillas! 

Hi Katherine!! Glad to have you with us..

[KarmaRoundUp]

I got this from the great link that TexasMom posted.I didn't know Guido was Booshi Wever's son.....shoot,it copied over in Dutch

 Son minister gets fined for threat

ORANJESTAD — De zoon van minister Candelario ‘Booshi’ Wever (MEP) van Volksgezondheid en Milieu, Guido ‘Inti’, is gisteren na een betaling van een boete van 1750 florin vrijgekomen. ORANJESTAD - The son of Minister Candelario 'Booshi' Wever (MEP) of Health and Environment, Guido "Inti" yesterday after a payment of a fine of 1750 florin vacant. Hij zat sinds zaterdag vast wegens bedreiging van de familie Thijzen. He was since Saturday, because of the threat Thijzen family.


Er speelt al geruime tijd een conflict tussen aanhangers van OLA, waaronder de nummer twee op de lijst Danny van der Linde, en de familie Wever. There has been a long conflict between supporters of OLA, including the number two on the list Danny van der Linde, and the family Wever. Dit werd deels met ingezonden brieven in de ochtendkranten uitgevochten. This was partly with letters sent in the ochtendkranten out. Van der Linde en anderen deden vrijdag aangifte wegens bedreiging tegen de zoon van minister Wever. Van der Linde and others did declaration Friday because of threats against the son of Minister Wever. De jongeman werd daarop aangehouden door de politie en verhoord, maar kon even daarna weer gaan. The young man was then arrested by the police and interrogated, but could even then.


Toen er zaterdag weer sprake zou zijn van bedreiging is Wever junior opgepakt en vastgehouden. When there again Saturday there would be threat Wever junior arrested and detained. Gisterochtend werd hij na het betalen van de boete op vrije voeten gesteld. Gisterochtend he was after paying the fine to free feet. Volgens zijn advocaat Anthony Carlo wilde de jongeman liever niet bakkeleien over de inhoud van het conflict. According to his lawyer Anthony Carlo wanted the young man bakkeleien prefer not on the substance of the conflict. “Hij moet hier op Aruba een aantal dingen regelen voordat hij binnenkort weer teruggaat naar Cuba waar hij tandheelkunde studeert.” "He should be here on a number of things Aruba regulate shortly before he again goes back to Cuba, where he studied dentistry."

Volgens de ministerszoon zou er niet echt sprake zijn van bedreiging: “Ik denk dat het Openbaar Ministerie duidelijk wil maken dat het hard zal optreden tegen bedreiging in politieke campagnes. According to the ministerszoon would not have threat: "I think the public prosecutor wishes to make clear that it will be hard act against threats in political campaigns. Had ditzelfde feit in een andere context plaatsgevonden, dan was het waarschijnlijk lichter bestraft.” Overigens heeft minister Wever aangifte gedaan tegen Van der Linde, wegens het doen van valse aangifte. Had the same fact in a different context, it was probably lighter than punished. "Moreover, Minister Wever complaint against Van der Linde, because making a false declaration. (Amigoe) (Amigoe)

[Dayhiker]

I did a little research on Greta and her husband last night. I WOULD NOT want to come up against that pair in court! Her hubby's practice is a real HEAVYWEIGHT! Her sister ran for a Senate seat and is a forensic psychiatrist, and he authored the class action suit against the tobacco companies in the 1990's and won. They've attending White House State dinners and hosted fund raisers for the Democratic Party. I so wish Aruba would take them on!

(added HOSTED fundraisers.....)

Greta and her heavyweight husband could call Joran, Paulus, Jannsen, Van der Straten, Jacobs, the Kalpoes, Guido, Lorenao, the Gottenbos, Steve croes, Rudy Croes, Nelson Oduber, Rob Smith, Jorge Pesquera, Bob Wit, Rick Smid, and others to the witness stand.

She will also be able to subpoena the financial files of legal bills of the Van der Sloots/Kalpoes as well as the financial files of AHATA, casino tapes, and all other kind of goodies.

This could be fun! Get them all into a U.S. court where they can use the Fifth Amendment in a civil suit. I think by the time a jury sees all the filth that has gone on down there they will end up awarding Greta the damages.

[KarmaRoundUp]

Ahhh very interesting! Rik Smid is a expert on Money Laundering in Casino's!

Snip 
Caribbean Financial Action Task Force

Caribbean Financial Action Task Force CFATF Typology Exercise II: Casino Regulatory Conference Aruba - July 16-17, 1997

The Nature and Extent of Money Laundering in the Casino and Gaming Industry Hon. Tennyson R.G. Wells, AG and Minister of Justice-The Bahamas
Mr. Rick Smid, National Public Prosecutor-Netherlands

Mr. Smid noted that Casinos are attractive to money launderers for a variety of reasons. One reason that Casinos are attractive to money launderers is because they offer a broad range of financial services including the issuing of credit, transfers of money into and out of bank accounts, currency exchanges services, issuance of checks and the acceptance of deposits.

be paid out in the form of a check or transferred to a bank account. While large deposits or withdrawals may cause unwanted attention, this may not be the case if such deposits or withdrawals are structured into smaller amounts. Money Launderers can also utilise Casinos to legitimise large amounts of proceeds by claiming they are gambling earnings. It is also possible that regulations can be relaxed for important customers; indeed casino employees may even be tempted into assisting customers deposit their funds without notice. Furthermore if a casino company operates gaming establishments in several jurisdictions, it can transfer funds among this establishment to obscure the origins of the funds and thereby assist in the layering of illicit proceeds. Furthermore, under certain circumstances customers can play anonymously in Casinos. In analysing the money laundering risks to the Casino industry, Mr. Smid suggested that a schematic by applied with two scenarios, one in which the casino management is involved and the other where the management is not involved. According to Mr. Smid, large scale money laundering is only possible if the casino management/ownership is involved. It is therefore vital that the ultimate beneficial ownership of the casino be established and to check on the integrity of the management of the casino and its staff. and this however is not often easy. Even when management is not involved in money laundering in casinos, problems can occur. In reviewing preventive measures, Mr Smid commented that in the Netherlands casinos are obligated to report unusual transactions and that these reports are both of a repressive and a preventative nature. Preventative measures include determining the ultimate beneficiary ownership of casinos, insuring the integrity of the management, efficient and effective internal administrative procedures, customer identification procedures, and unusual or suspicious transactions reporting requirements. Mr. Smid continued by delineating several examples of money laundering through casinos in the Netherlands. Mr. Smid described a situation where a customer approached a bank with a large amount of cash to deposit claiming the source of the cash to be casino winnings. These statements are difficult to verify, in the Netherlands there is, however, a reporting requirement for these types of unusual transactions as well as a requirement for customer identification. Mr Smid reiterated the difficulty for law enforcement and other authorities to determine beneficial ownership of some casinos when there is a link to bank secrecy jurisdictions. Indicators for unusual transactions reporting for Casino 4 objective and two subject indicators. The objective indicators for reporting are cash deposits of over 25,000 Dutch Guilders, wire transactions of over 25,000 Dutch Guilders, Selling of chips for cheques or foreign currency in excess of 25,000 Dutch Guilders. Subjective indicators incorporated other transactions which appear to be related to money laundering and structuring below the 25,000 Dutch Guilders. Mr Smid then presented a summary analysis of disclosures from received from Jan 1995- Nov. 96, 1861 Unusual Transactions by 336 persons 50% were Dutch nationality. 95% were cash transactions 192 by 54 persons were referred to Pub Prosecutors as Suspicious and 80% of these were cash transactions.

www.cfatf.org/eng/typoexe/casino/index.pdf

Well that sure blows Posner out of the water.........

According to Mr. Smid, large scale money laundering is only possible if the casino management/ownership is involved. It is therefore vital that the ultimate beneficial ownership of the casino be established and to check on the integrity of the management of the casino and its staff. and this however is not often easy. Even when management is not involved in money laundering in casinos, problems can occur.

[KarmaRoundUp]

Miss Scarlet from Atlanta proper here.  As for Tot and Destiny, I don't know where they live, although Destiny mentioned a few miles from Gainesville, if I recall correctly.

Several areas are without power and Georgia Power estimates that power will not be completely restored until perhaps Tuesday.

The damage is wide spread and really looks like a war zone.  You can go to www.ajc.com for photos.  It's truly amazing.

At our house, as far as we know, we lost one pine tree.  Snapped it off about 2 feet from the ground and carried it off further down the yard but away from the house.  Praise the Lord!

Good to see you are ok Miss Scarlet.I hope everyone else is safe.

[Destiny]

Miss Scarlet from Atlanta proper here.  As for Tot and Destiny, I don't know where they live, although Destiny mentioned a few miles from Gainesville, if I recall correctly.

Several areas are without power and Georgia Power estimates that power will not be completely restored until perhaps Tuesday.

The damage is wide spread and really looks like a war zone.  You can go to www.ajc.com for photos.  It's truly amazing.

At our house, as far as we know, we lost one pine tree.  Snapped it off about 2 feet from the ground and carried it off further down the yard but away from the house.  Praise the Lord!

Thanks for the information Miss Scarlet, and I'm so glad that you received minimal damage and are o.k.  Hopefully Tot and Destiny are some of the ones that are without power and will check in as soon as it is restored.  Prayers for Tot and Destiny and all of our other Georgia monkeys!

All is fine here!Thankyou for the prayers.I live in Tn but very close to the Ga line.We got heavy rain and some winds with all the lights and noise but didn't lose power or cable.What a surprise! It's supposed to be nice today so thinking of taking the boat out and cruising around for awhile.The *Sonshine* feels good on my old bones..Thanks again for praying..It really blesses me to know that there are those that do the most important thing a person could do for someone else,pray..

Destiny checking in...what a beautiful day today...yesterday was NOT!  All Ok here...just lost a couple of small trees back behind the house, due to whipping winds...Glad to see Peaches and TOT fairing well...

Thank You to All the Fine Fine Monkeys for Powerful Prayers...I am humbled....

[Destiny]

Miss Scarlet...Glad to hear You are OK too!

Wild day yesterday...huh?....better the loss of trees than *limbs*...

[hotping]

Good Morning Monkeys!

Destiny, Miss Scarlet and Tot..I'm Sooo Happy to see that You are All OK after the storms Yesterday.....

[Destiny]

Good Morning Monkeys!

Destiny, Miss Scarlet and Tot..I'm Sooo Happy to see that You are All OK after the storms Yesterday.....

Mornin' Hotping!   Tis' good to be here