News stories by Rhoda Weeks-Brown

  1. Stopping Criminals from Laundering Their Trillions

    - Inter Press Service

    WASHINGTON DC, Jan 07 (IPS) - Rhoda Weeks-Brown is general counsel and director of the Legal Department at the International Monetary Fund (IMF).

    Al Capone had a problem: he needed a way to disguise the enormous amounts of cash generated by his criminal empire as legitimate income. His solution was to buy all-cash laundromats, mix dirty money in with clean, and then claim that washing ordinary Americans' shirts and socks, rather than gambling and bootlegging, was the source of his riches.

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  • Inter Press Service International News Agency
  • UN News