Department of Justice Speechwriter Loves Job

US Attorney Preet Bharara announced today the DOJ’s bust up of online money laundering service Liberty Reserve. His speech was amazing. Highlights:

• “the cyber age of money laundering”
• “If Al Capone were alive today, this is how he would be hiding his money”
• “shatter the belief among high-tech money launderers that what happens in cyberspace stays in cyberspace”
• “the only liberty that Liberty Reserve gave many of its users was the freedom to commit crimes”
• “the coin of its realm was anonymity”
• “an important step toward reining in the ‘Wild West’ of illicit Internet banking”
• “the long arm of the law has to get even longer, and in this case, it encircled the earth.”



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