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The Failure of Anti-Money Laundering Laws

This Center for Freedom and Prosperity video examines anti-money laundering laws and finds that they are expensive and intrusive. These costs might be acceptable if the result was less crime, but this mini-documentary reveals that anti-money laundering policies are ineffective. As a former Reagan Administration official remarked, they undermine the fight against crime by misallocating law enforcement resources. http://www.freedomandprosperity.org

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Added: Feb-22-2010 
By: mdscorpio71
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LiveLeaks
Tags: CF&P, Money Laundering Laws, Privacy, Freedom works
Marked as: approved
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