Y 4.822/1:99-80 TAX EVASION, DRUG TRAFFICKING AND MONEY LAUNDERING AS A BILL TO AMEND CHAPTER 35 OF TITLE 12, CHAPTERS 95 AND 119 OF TITLE 18, CHAPTER 53 OF H.R. 1474 A BILL TO AMEND TITLE 18 OF THE UNITED STATES CODE TO PROHIBIT CERTAIN METHODS OF H.R. 1945 A BILL TO STRENGTHEN CERTAIN CURRENCY REPORTING REQUIREMENTS H.R. 2785 A BILL TO COMBAT MONEY LAUNDERING H.R. 3892 A BILL TO AMEND TITLE 31, UNITED STATES CODE, TO STRENGTHEN CERTAIN CURRENCY H.R. 4280 A BILL TO AMEND TITLE 31, UNITED STATES CODE, TO ESTABLISH NEW RECORDKEEPING AND Printed for the use of the Committee on Banking, Finance and Urban Affairs SSON LIBRARY OF GOVT DOCUMENTS TAX EVASION, DRUG TRAFFICKING AND MONEY LAUNDERING AS HEARINGS BEFORE THE SUBCOMMITTEE ON FINANCIAL INSTITUTIONS OF THE COMMITTEE ON BANKING, FINANCE AND URBAN AFFAIRS NINETY-NINTH CONGRESS SECOND SESSION ON H.R. 1367 A BILL TO AMEND CHAPTER 35 OF TITLE 12, CHAPTERS 95 AND 119 OF TITLE 18, CHAPTER 53 OF H.R. 1474 A BILL TO AMEND TITLE 18 OF THE UNITED STATES CODE TO PROHIBIT CERTAIN METHODS OF H.R. 1945 A BILL TO STRENGTHEN CERTAIN CURRENCY REPORTING REQUIREMENTS H.R. 2785 A BILL TO COMBAT MONEY LAUNDERING H.R. 3892 A BILL TO AMEND TITLE 31, UNITED STATES CODE, TO STRENGTHEN CERTAIN CURRENCY H.R. 4280 A BILL TO AMEND TITLE 31, UNITED STATES CODE, TO ESTABLISH NEW RECORDKEEPING AND H.R. 4573 A BILL ENTITLED: THE "MONEY LAUNDERING PREVENTION ACT OF 1986" APRIL 16, 17, 23; AND MAY 14, 1986 Serial No. 99-80 Printed for the use of the Committee on Banking, Finance and Urban Affairs 60-672 O U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 1986 For sale by the Superintendent of Documents, Congressional Sales Office HOUSE COMMITTEE ON BANKING, FINANCE AND URBAN AFFAIRS FERNAND J. ST GERMAIN, Rhode Island, Chairman HENRY B. GONZALEZ, Texas STEPHEN L. NEAL, North Carolina SANDER M. LEVIN, Michigan THOMAS R. CARPER, Delaware ESTEBAN E. TORRES, California GERALD D. KLECZKA, Wisconsin PAUL E. KANJORSKI, Pennsylvania BART GORDON, Tennessee THOMAS J. MANTON, New York JAIME B. FUSTER, Puerto Rico CHALMERS P. WYLIE, Ohio STEWART B. MCKINNEY, Connecticut NORMAN D. SHUMWAY, California BILL MCCOLLUM, Florida GEORGE C. WORTLEY, New York DOUG BEREUTER, Nebraska THOMAS J. RIDGE, Pennsylvania J. ALEX MCMILLAN, North Carolina May 14, 1986. 877 Friedberg, Herb, former money launderer; accompanied by Assistant U.S. Attorney Ted E. Bandstra, Southern District of Florida, Department of Pickle, Hon. J.J., a Representative in Congress from the State of Texas... Wassenaar, Richard C., Assistant Commissioner for Criminal Investigation, Wassenaar, Richard C., response to questions of Chairman St Germain ...... 120, 123, 128 Articles from the Boston Globe, Wall Street Journal, and Washington Post 195-238 Keating, Francis A., II, letter dated February 14, 1986, responding to Chair- man St Germain on behalf of Treasury Secretary James A. Baker request- ing a written report concerning the activities of the Office of Enforcement and Operations to promote the compliance of financial institutions with the provisions of the Bank Secrecy Act. Passarelli, Francis M., Acting Director, Office of Examination and Supervi- 627 |