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Real Reality
Joined: 10 Jan 2003 Location: Seoul
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Posted: Tue Jun 27, 2006 2:18 am Post subject: Shady Money Deals in South Korea Jump in 2005 |
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Shady money deals in S. Korea jump in 2005, report says
Reports of dubious financial transactions in South Korea nearly tripled last year from the previous year, a government agency said Tuesday. Domestic financial institutions made 13,459 reports of suspected money laundering in 2005, compared with 4,680 cases a year earlier, according to the Korea Financial Intelligence Unit (KoFIU).
Yonhap News (June 27, 2006)
http://english.yonhapnews.co.kr/Engnews/20060627/440100000020060627141257E8.html |
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Ilsanman

Joined: 15 Aug 2003 Location: Bucheon, Korea
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Posted: Tue Jun 27, 2006 2:48 am Post subject: yes |
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And this has nothing to do with a crackdown and being stricter and watching things closer?
Wow, Koreans know how to do the best unbiased research I have ever seen. |
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Homer Guest
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Posted: Tue Jun 27, 2006 2:49 am Post subject: |
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But RR have any of these shady deals helped your cause to be paid on par with tenure track nuclear physics professors at MIT? |
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Guri Guy

Joined: 07 Sep 2003 Location: Bamboo Island
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Posted: Tue Jun 27, 2006 2:59 am Post subject: |
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Aside from the shot at RR Homer I think the real issue is that this is a culture of corruption. Land of the white envelope they say.
Korea could be so much better if they cleaned their act up. They have come a long way in such a short time. Imagine what they could do if all this was at least seriously addressed instead of half-heartedly. |
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Beej
Joined: 05 Mar 2005 Location: Eungam Loop
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Posted: Tue Jun 27, 2006 3:30 am Post subject: |
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The money laundering is all because of ESl teachers and our international ATM cards. Good thing we cant get them anymore. |
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Homer Guest
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Posted: Tue Jun 27, 2006 7:07 am Post subject: |
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Corruption involving money transactions...you don't say...thats a shocking revelation.
btw it was not a shot at RR...more of a running gag. |
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