Money laundering is the illegal process of concealing the origins of money obtained illegally by passing it through a complex sequence of banking transfers or commercial transactions. The overall scheme of this process returns the money to the launderer in an obscure and indirect way. One problem of criminal activities is accounting for the proceeds without raising the suspicion of law enforcement agencies. Considerable time and effort may be put into strategies which enable the safe use of those proceeds without raising unwanted suspicion. Implementing such strategies is called money laundering. After money has been laundered, it can be used for legitimate purposes. Many jurisdictions have set up sophisticated financial and other monitoring systems to enable law enforcement agencies detect suspicious transactions or activities, many have set up international cooperative arrangements to assist each other in these endeavors; the United Nations Office on Drugs and Crime estimates that the "amount of money laundered globally in one year is 2–5% of global GDP, or $800 billion – $2 trillion in current US dollars."In a number of legal and regulatory systems, the term "money laundering" has become conflated with other forms of financial and business crime, is sometimes used more to include misuse of the financial system, including terrorism financing and evasion of international sanctions.
Most anti-money laundering laws conflate money laundering with terrorism financing when regulating the financial system. Some countries treat obfuscation of sources of money as constituting money laundering, whether it is intentional or by using financial systems or services that do not identify or track sources or destinations. Other countries define money laundering in such a way as to include money from activity that would have been a crime in that country if the activity was legal where the actual conduct occurred. Laws against money laundering were created to use against organized crime during the period of Prohibition in the United States during the 1930s. Organized crime received a major boost from Prohibition and a large source of new funds that were obtained from illegal sales of alcohol; the successful prosecution of Al Capone on tax evasion brought in a new emphasis by the state and law enforcement agencies to track and confiscate money, but existing laws against tax evasion could not be used once gangsters started paying their taxes.
In the 1980s, the war on drugs led governments again to turn to money laundering rules in an attempt to track and seize the proceeds of drug crimes in order to catch the organizers and individuals running drug empires. It had the benefit, from a law enforcement point of view, of turning rules of evidence "upside down". Law enforcers have to prove an individual is guilty to seize their property, but with money laundering laws money can be confiscated and it is up to the individual to prove that the source of funds is legitimate to get the money back; this provides for much lower burdens of proof. However, this process has been abused by some law enforcement agencies to take and keep money without strong evidence of related criminal activity, to be used to supplement their own budgets; the September 11 attacks in 2001, which led to the Patriot Act in the U. S. and similar legislation worldwide, led to a new emphasis on money laundering laws to combat terrorism financing. The Group of Seven nations used the Financial Action Task Force on Money Laundering to put pressure on governments around the world to increase surveillance and monitoring of financial transactions and share this information between countries.
Starting in 2002, governments around the world upgraded money laundering laws and surveillance and monitoring systems of financial transactions. Anti-money laundering regulations have become a much larger burden for financial institutions and enforcement has stepped up significantly. During 2011–2015 a number of major banks faced ever-increasing fines for breaches of money laundering regulations; this included HSBC, fined $1.9 billion in December 2012, BNP Paribas, fined $8.9 billion in July 2014 by the U. S. government. Many countries introduced or strengthened border controls on the amount of cash that can be carried and introduced central transaction reporting systems where all financial institutions have to report all financial transactions electronically. For example, in 2006, Australia set up the AUSTRAC system and required the reporting of all financial transactions; the conversion or transfer of property, the concealment or disguising of the nature of the proceeds, the acquisition, possession or use of property, knowing that these are derived from criminal activity, or participating in or assisting the movement of funds to make the proceeds appear legitimate, is money laundering.
Money obtained from certain crimes, such as extortion, insider trading, drug trafficking, illegal gambling is "dirty" and needs to be "cleaned" to appear to have been derived from legal activities, so that banks and other financial institutions will deal with it without suspicion. Money can be laundered by many methods that vary in sophistication. Money laundering involves three steps: The first involves introducing cash into the financial system by some means; some of these steps may be omitte
The Freeplay Independent Games Festival is Australia's longest-running and largest independent games festival, first established in 2004. The Festival celebrates fringe artists and game makers, highlights grassroots developers and art games, it gathers artists, programmers, gamers, games critics, games academics and students to celebrate the art form of independent games and the culture around them. Freeplay is funded through arts grants. Past and present sponsors include Australia Council for the Arts, Film Victoria, Victoria State Government, City of Melbourne, Australian Centre for the Moving Image, RMIT University. With the aim of celebrating game making as arts practice, Freeplay has aligned itself with the arts, over the years has partnered with arts organisations such as Australian Centre for the Moving Image, State Library Victoria, Next Wave Festival, Wheeler Centre, Federation Square, Arts Centre Melbourne, National Gallery of Victoria, City of Melbourne, Arts House, National Young Writers' Festival, more.
The current director of Freeplay is Chad Toprak. Previous directors have included Dan Golding, Katie Williams and Harry Lee, Paul Callaghan and Eve Penford-Dennis; the founding directors of Freeplay were Marcus Westbury. The Freeplay Independent Games Festival began in 2004 as Next Wave Festival's three-day-long Melbourne-based indie games conference'Free Play', to celebrate independent game development and games culture. Since it has run in a variety of formats and venues across Melbourne. In 2009, Freeplay hosted its first festival away from Next Wave, rebranded itself from'Free Play: The Next Wave Independent Game Developers Conference' into'Freeplay Independent Games Festival'. Since 2009, Freeplay events have run annually. In 2014, inspired by Venus Patrol's alternative E3 press conference Horizon, Freeplay introduced Parallels, a one-night event that serves as a counterpart to the main Freeplay festival, it takes place as part of Melbourne International Games Week, highlights "unique, experimental and culturally significant games" made in the region.
In 2015, Freeplay held, for the first time, both a multi-day Freeplay festival and a Parallels event. IndieCade Melbourne International Games Week Independent Games Festival Official website
"Dish and Dishonesty" is the first episode of the third series of the BBC sitcom Blackadder. The newly appointed Prime Minister, William Pitt the Younger, wants to declare war on Napoleon Bonaparte, give tougher sentences for geography teachers, most of all, strike the idiotic Prince Regent from the Civil List. Despite hearing this, the Prince is nonetheless convinced that the general public adores him because the day before he heard them singing "We hail Prince George!". Since the House of Commons is evenly divided on the issue, Blackadder suggests to the Prince that they tip the scales in his favour by bribing a Member of Parliament named Sir Talbot Buxomley with the position of High Court judge; the Prince calls for Buxomley, after assuring the Prince that he will stand by him, promptly sits down in a chair and dies, due to his poor health. Moving Blackadder realises that Buxomley represented the constituency of Dunny-on-the-Wold, a rotten borough in the Suffolk Fens consisting of a tiny plot of land with several farm animals – three rather mangy cows, a dachshund named Colin and a small hen in its late forties.
Blackadder schemes to elect Baldrick as the constituency's new MP to ensure that he votes in favour of the Prince. Pitt hears about visits the Prince, the latter not recognising him at first. Pitt reveals that he once suffered "alone in a cold schoolroom, a hot crumpet burning my cheeks with shame" under the Prince's sort, before seeking and succeeding to become what he is today. Pitt declares that he shall have his own brother, William Pitt the Even Younger, as a candidate on his side; when he leaves, Blackadder tells the Prince how they shall win the election: firstly, fight the campaign on "issues, not personalities". After an rigged election, in which the single voter cast 16,472 votes for Baldrick, it is revealed that Blackadder is both the constituency's returning officer and voter, Baldrick is made an MP in a landslide victory. Once Baldrick enters the House of Commons, Pitt manipulates him into voting the wrong way, the issue proceeds to the House of Lords. Blackadder plans to get himself appointed to the House of Lords, where he will be able to vote against the bill, he purchases a ludicrously expensive catskin robe in preparation.
However, his scheme is ruined by Prince George's stupidity and Baldrick is elevated instead. Baldrick is given £ 400,000 to bribe a few Lords. Once he finds out, Blackadder smashes the turnip over Baldrick's head. * Election rigged by Mr E. Blackadder; the episode features a cameo by political commentator Vincent Hanna as "his own great-great-great grandfather" and additionally stars a dachshund called Colin Harwood. "Dish and Dishonesty" at BBC Programmes "Dish and Dishonesty" on IMDb
Larry McNeil is a Native American photographer and printmaker. His photographs range on subjects and formats from realist portraits to tribal elders, from abstract cityscapes to electronic manipulations of tribal environments, his images are considered meaningful as they are representative of tribal realities and highlight the sensitivity behind the representation of Native Americans. Larry McNeil was born in Juneau, Alaska on May 12, 1955 into the Killer Whale House, Keet Hit, of the Northern Tlingit and was raised in both Juneau and Anchorage, Alaska; this made him a member of both the Nisga'a tribes. He received his education from Brooks Institute School of Photographic Art and Science in Santa Barbara, California. Larry McNeil describes himself as a product of both the traditional Tlingit culture and mainstream North America, with an emphasis on the Tlingit aspect. In 1983, he worked with Alaska Native Foundation and produced Yupik Eskimo women weaving distinctive grass baskets. In 1986, he created seventeen portraits of tribal clan leaders in Northwest Arctic School District.
In the same year, he was nominated as vice-president of the Native Indian/Inuit Photographers Association. McNeil is an associate professor of photography at Boise State University. McNeil's sequence of photographs titled Fly By Night Mythology was well received. Emeritus Professor of American Literature, Mick Gidley, commented that the sequence "represents both recovery of history and, creation through revision" in a manner that "frames in photographs - both old and new - a national myth that incorporates the first Americans"; the sequence features a series of archive photos from McNeil's family history of growing up in Anglo-American culture juxtaposed with images of his Tlingit tribe members, as a representation of his own mixed ancestry and of the relationship between the two histories. The early photographs in the work are a symbolic representation of traditional Tlingit stories, featuring examples of "Raven the Changeling and Trickster playing the protagonist", along with representations of interactions between Chief Pontiac and George Washington.
1983: Award of Excellence, Public Relations Society of America 1983-86: Merit Award, Advertising Federation of America 1992: Outstanding Photographic Technical Quality and Outstanding Outdoor Photography, Native Inuit Photography Association 2006: "All Roads" Photography Award, National Geographic Indelible: The Platinum Prints of Larry McNeil and Will Wilson, NMAI
The Rev Alexander Mair DD was a 19th century Scottish minister of the United Presbyterian Church who served as its final Moderator in 1899/1900. He was born in Scotland on 20 September 1834, he is thought to be the grandson of Col Alexander Mair, Deputy Governor of Fort George, living at 8 Abercromby Place in Edinburgh in 1834. Col Mair was from a family of ministers, he joined the United Presbyterian Church. In the 1870s he was living at 7 Abbotsford Park in Edinburgh. In 1875 Mair wrote, "Was the Lord's Supper Instituted with Wine? Answered in the Affirmative." In 1879 he took over the ministry of the newly built North Morningside United Presbyterian Church at Holy Corner. In 1899/1900 he was the church's final Moderator of the General Assembly before it merged with the Free Church of Scotland to create the United Free Church of Scotland, he was a minister of the United Free Church until death. In life he moved to 25 Greenhill Gardens, he died on 24 March 1911. He is buried in Edinburgh; the grave is marked by a granite Celtic cross.
TPC Group known as Texas Petrochemicals, is a petrochemicals manufacturing company based in Houston, is a large producer of butadiene, MTBE, polyisobutylene. TPC has operations in Houston and Port Neches and Lake Charles, Louisiana. In 2011, TPC led the market in butadiene, butene-1, was near the top of the market in both isobutylenes and propylene derivatives; the Houston plant was authorized in 1942 as part of the United States Rubber Reserve Program, opened in 1944 operated by Sinclair Rubber. It was subsequently purchased by a joint venture of Tenneco and FMC Corporation in 1955 and by the chemical brokerage Texas Olefins in 1984. Texas Olefins changed its name to Texas Petrochemicals in 1984. Texas Petrochemicals was acquired by the private equity firm Sterling Group in 1996. In 2003, a collapse of the MTBE market forced Texas Petrochemicals into bankruptcy; the company emerged from bankruptcy under new ownership in 2004. The Port Neches, Texas plant - authorized by Rubber Reserve - opened in 1943 operated by Neches Butane Products Company.
It was purchased by Texaco in 1980, it was purchased by Huntsman Corporation in 1994 purchased by Texas Petrochemicals in 2006. Texas Petrochemicals changed its name to TPC Group in 2010. TPC Group was taken private in 2012 by First Reserve Corporation and SK Capital Partners, in a deal worth $850 million, after a bidding war with Innospec; the merger was approved by shareholders in December 2012. TPC sold its Baytown, Texas propylene derivatives facility to SI Group in 2016. Michael T. McDonnell was the CEO from 2011 to 2015. McDonnell is the head of General Cable. Edward J. Dineen is the current CEO, starting in 2016. Dineen was CEO at Siluria Technologies, CEO at LS9, COO of LyondellBasell. Dineen is on the board of the American Fuel and Petrochemical Manufacturers. Corporate- Houston Houston operations Baytown operations Port Neches operations, butadiene, 225 workers Lake Charles, LA - terminals A processing unit at TPC's Port Neches butadiene manufacturing plant exploded on Wednesday, November 27, 2019, the eve of Thanksgiving Day.
60,000 residents were evacuated. The mandatory evacuation was lifted on Friday morning. Four workers were injured, none seriously. West Fertilizer Company explosion Official website