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How Money Laundering Works



The United Nations Office on Drugs and Crime reckons that somewhere between $800 billion and $2 trillion goes through the money laundering rinse cycle every year. AlexSava/Getty Images
As of September 2018, Paul Manafort, who served at one time as President Trump s campaign chairman, has been found guilty on eight counts of tax and bank fraud. In a separate trial, he will be prosecuted for money laundering. The money laundering charges have to do with a scheme that follows a tried and true method for rinsing the dirt off your treasure. Manafort is alleged to have garnered millions from the former Ukrainian President Viktor Yanukovych. Rather than declare these earnings to the IRS and turn over the taxes due, Manafort is said to have placed them in offshore accounts and then used them to buy expensive real estate in the U.S. ....

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Biden Rips States for Sitting on Rental Aid As Eviction Ban Ends


AP Photo/Evan Vucci
President Biden ripped state leaders for sitting on rental aid for landlords and tenants impacted by the pandemic.
Earlier this week, he called on Congress to extend the eviction moratorium several days before the federal ban was set to expire.
Rep. Hoyer asked for unanimous consent to extend the ban, which failed, and the House adjourned.
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President Joe Biden slammed state leaders Friday for sitting on billions in rental aid as the eviction moratorium is set to expire on Saturday. ....

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Progressive Cori Bush says 'some Democrats went on vacation instead' of preventing the eviction moratorium from expiring

Progressive Cori Bush says 'some Democrats went on vacation instead' of preventing the eviction moratorium from expiring
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