Cyberlaundering: Anonymous Digital Cash and Money Laundering :: essays research papers

Cyberlaundering: Anonymous Digital Cash and Money Laundering Copyright 1996 R. Mark Bortner The author hereby grants the right to copy this article in its entirety or any portion thereof by any means possible and to distribute such copies freely and without charge. The author simply requests that when a portion of this article or its entirety is included within another work, that such copied material be clearly and correctly cited to. Presented as final paper requirement for Law & the Internet (LAW 745). A seminar at the University of Miami School of Law. Introduction This article will explore the latest technique in money laundering: Cyberlaundering by means of anonymous digital cash. Part I is a brief race through laundering history. Part II discusses how anonymous Ecash may facilitate money laundering on the Intenet. Part III examines the relationship between current money laundering law and cyberlaundering. Part IV addresses the underlying policy debate surrounding anonymous digital currency. Essentially, the balance between individual financial privacy rights and legitimate law enforcement interests. In conclusion, Part V raises a few unanswered societal questions and attempts to predict the future. Disclaimer: Although the author discusses this subject in a casual, rather than rigidly formal tone, money laundering is a serious issue which should not be taken lightly. As this article will show, fear of money laundering only serves to increase banking regulations which, in turn, affect everyone's ability to conduct convenient, efficient and relatively private financial transactions. Part I Humble Beginnings In the beginning, laundering money was a physical effort. The art of concealing the existence, the illegal source, or illegal application of income, and then disguising that income to make it appear legitimate 1 required that the launderer have the means to physically transport the hard cash.2 The trick was, and still is, to avoid attracting unwanted attention, thus alerting the Internal Revenue Service (IRS) and other government agencies 3 involved in searching out ill-gotten gains.4 In what could be described as the "lo-tech" world of money laundering, the process of cleaning "dirty money" was limited by the creative ability to manipulate the physical world. Other than flying cash out of one country and depositing it in a foreign bank with less stringent banking laws,5 bribing a bank teller, or discretely purchasing real or personal property, the classic approach was for a "smurf"6 to deposit cash at a bank. Essentially, platoons of couriers assaulted the lobbies of banks throughout the United States with deposits under the $10,000 reporting limit as required under the Bank Secrecy Act.

Filipino Entrepreneurs

Henry Sy Henry Sy is a Chinese Filipino entrepreneur and founder of SM Group. You’ll be hard pressed to not find an SM Mall around the Philippines. Henry Sy started building his own small business called â€Å"Shoe Mart† and eventually turned it into a major corporate identity. Henry Sy inspires many people that you can start small and grow it into a massive empire.2. Manny Pacquio – Champion BoxerManny Pacquiao Manny Pacquio is a famous professional champion boxer and now politician. He won six world titles and is the the first in eighth division world champion category. Manny Pacquio had to drop out of school due to extreme poverty and at the age of 14 started boxing. Manny Pacquio is one of the best icons known in the world today.3. Tony Tan Caktiong – JollibeeTony Tan Caktiong Feeling hungry? Try Jollibee. Tony Tan Caktion started an ice cream parlor in 1975 and then founded Jollibee in 1978. He took on the fast food giant Mc Donalds and expanded his r estaurant chain all over the Phililippines. The big bee standing infront of Jollibee is a reminder of no matter who you are, you can still take on the big boys in the industry.4. Charice – SingerCharice Charice is a Filipino singer who shot to fame using YouTube. She started off with a talent for singing (doesn’t all Filipinos have this talent?) and eventually turned her passion for singing into a world wide phenomenon. Charice is a great story of how you can use what you have, put it in front of as many people as possible online and eventually achieve success.5. Anne Curtis – Actress / Model / SingerAnne Curtis Anne Curtis is a professional actress, model and singer of the Philippines. Half Filipino and Australian, her popularity has grown immensely over the years. One of the most interesting things about Anne Curtis is that she commands â€Å"Front of Mind† awareness. Ask any Filipino who you think of when you think of a female celebrity? It’s An ne Curtis. Anne Curtis inspires many Filipinos to go for their dreams. Fine then, i’ll admit it, she’s pretty6. John Gokongwei – Cebu PacificJohn Gokongwei John Gokongwei is the founder of Cebu Pacific, a Filipino airline company started in 2005. Cebu Pacific is one of the most recognised airline companies in the Philippines. John Gokongwei is a great rags to riches story of how he started entrepreneurship out of poverty. He also is a active philantrophist and donates millions to various charities around the Philippines.7. Jaime Augusto Zobel – Ayala MallsJaime Augusto Zobel Jaime Zobel is the founder of Ayala Corporation is a best known for his malls in Greenbelt and other locations. If you ever visit one of his Ayala Malls, you’ll notice that his architecture carries a unique design that’s reflective on his creative abilities. Jaime Zobel is a reminder of great design and architecture.8. Rob Schneider – ActorRob Schneider Rob Schnei der is a funny guy and famous for appearing in many movies along side Adam Sadler. He does stand up comedy and features in films such as Duece Bigalow, The Hot Chick and Grown Ups. Rob Scheneider puts Philppines on the map through his movies and comedy roles.9. Apl De Ap – SingerApl De Ap Apl De Ap rose to fame through his career singing with the Black Eyed Peas. His famous song â€Å"BeBot† is completely sung in Tagalog and features Filipino people around the globe. Apl De Ap is a reminder of how you can make it in the music industry through the right contacts and associations.10. Eduardo Cojuangco Jr – San MigelEduardo Cojuangco Jr Feel like a beer? Try San Mig! Eduardo Conjuangco Jr is the founder of San Migel Corporation and produces one of the most trusted food and beverages in the Philippines. Locals love drinking San Migel beers and enjoy Eduardo’s creation on a regular basis, sometimes too much. Eduardo Conjuangco is a reminder of how you can have more fun the Philippines. So there’s my list, the top 10 Filipino Entrepreneurs. Of course, there’s many more people who would easily make this list, however it would take forever for you to read the entire list. After my study of these successful Filipino Entrepreneurs, I have discovered a common characteristic behind these people.The 6 Secrets of Success of Filipino Entrepreneurs1. They all loved what they are doing. These Filipino entrepreneurs all enjoyed what they were doing. They never did anything they hated or anything they didn’t want to do. Their careers was built around what they enjoyed and had a natural talent for. 2. They didn’t need a qualified and formal education to become successful. Some of these Filipino Entrepreneurs didn’t have any education at all. They dropped out of school and somehow created success from it. 3. They all failed.Before they â€Å"arrived† to success, they all previously failed in whatever they did to get there. This is an extremely common pattern. Everyone fails on their way to success. 4. They worked hard. None of them took the easy route to get where they were today. They all worked long into the night on their craft, their business and their careers. They paid the price for success. 5. They all had dedication and persistence.Along their journey, they all continually kept working towards their goal of being successful in their field. They never gave up after their first attempt, they just kept on going for many years. 6. It took time.Lots of it. These Filipino Entrepreneurs shows that you can’t achieve success over night, it takes hard work, dedication and continual improvement to get where they were. They all focused on their careers and made it successful. So there you have it, my list of top 10 Filipino Entrepreneurs and their 6 secrets of success. Please send me your thoughts or suggestions.If you liked this article, please share it with your friends and together w e can all learn from Filipino Entrepreneurs and succeed in our careers. To your success. Khoa Bui (no I’m not Filipino)

Project Management Planning And Scheduling - 1039 Words

Planning is always helpful for any project even its small or big project. A project without planning has negative impact on their result. Proper planning will consider all task before implementing them into business and can give idea about all possibilities. It can help to break big task into small task and make process smoother. Planning is helping project manager to use their past knowledge in future project. Project planning is the process where project manager decide all the steps to implement and mapped based on the past data, their knowledge, and relative information. When project has been initiated, the first step is planning and scheduling. There are three success criteria that apply to any project is time, requirement and cost. Time-Project needs to complete in fix time and budget. Here budget refers to cost. Project managers has to control on budget. if it’s limited. Project needs to meet their requirement. These success criteria can’t meet without planning. Human resource planning process should be organize, well –managed and can lead the project team. Human resource planning process shall identify and prepare documentation for project role and responsibilities. Human resource planning is used to identify human resource for necessary skilled required to get success in project. Human resource plan will have following components. †¢ Roles and responsibilities †¢ Project organization chart †¢ Staff acquisition and release †¢ Training needs †¢ Team building strategy †¢Show MoreRelatedProject Management: a System Approach to Planning, Scheduling, and Controlling2193 Words   |  9 Pagesdesigned to ensure that the lessons from the successful London 2012 construction programme are retained for other projects has been guaranteed. ODAçš„ä ½Å"ç” ¨ The Olympic Delivery Authority’s (ODA) Learning Legacy website is packed with case studies and reports based around ten themes, promoting successes in areas including health and safety, sustainability, procurement, transport and project management. It comprises more than 300 papers put together by the ODA and its supply chain of companies from all overRead MoreProcesses Involved in Planning, Scheduling, and Budgeting of Information Technology Projects1413 Words   |  6 PagesProcesses Involved in Planning, Scheduling, and Budgeting of Information Technology Projects Introduction Organizations of all types and sizes engage in project planning, scheduling and budgeting to achieve their goals, but information technology projects have some special qualities that make these processes more challenging. Project managers must take a wide range of factors into account in formulating their approaches to software development, including the fact that current processing speedsRead MoreSouthwest Airlines775 Words   |  4 Pagestitled â€Å"Scheduling Operations† and it is mainly about scheduling decisions for batch operations and how they deal with the allocation of scarce resources to jobs, activities, tasks, or customers. â€Å"Scheduling results in a time-phased plan, or schedule, of activities. The schedule indicates what is to be done, when, by whom, and with what equipment. Scheduling should be clearly differentiated from aggregate planning† (Schroeder, pg. 293). Chapter 14 is titled â€Å"Project Planning and Scheduling† andRead MoreImplementation Process And Time Scheduling Process Before Start Construction Phase Essay1536 Words   |  7 PagesABSTRACT With increasing projects size, needing for planning and control become matter of urgency, so this research aim to develop integrate cost estimate process and time scheduling process before start construction phase. Most of construction companies make project scheduling without attention to add planned resources (labor-equipment-material) with its direct and indirect costs to get total project cost. So it is needed to be estimate project direct and indirect cost before start constructionRead MoreProject Scope Of Earned Value Management925 Words   |  4 PagesEarned Value Management started back in the early sixties when the Air force started using the program. In recent years, the program has become a part of the federal project risk management system and is mandatory tool used for US government contracts. Earned Value Management helps to analyze many parts of a project such as the cost variance, schedule variance, cost performance, and schedule performance. Earned Value management measures the performance of a project by finding variances between theRead MoreManagement for Built Environment964 Words   |  4 PagesSubject : MANAGEMENT FOR BUILT ENVIRONMENT ââ€" ª Course : B.SC (HONS) CONSTRUCTION MANAGEMENT ââ€" ª Subject Code : ECM3134 ââ€" ª Subject Status : Major ââ€" ª Semester : 1 ââ€" ª Assessment : 50%=Final Examination; 50%=Coursework Lecturer Details ââ€" ª Lecturer : Jeffrey Lee Sheu Tiong ââ€" ª HP/Tel : 019 2728655 ââ€" ª E-mail Address : jeffreylee@segi.edu.my Learning Material Main Text : G Cole, â€Å"Management Theory and Practice†Read MoreProject Scheduling and Budgeting Essay1608 Words   |  7 Pagescomponent of organization and business success. The management or appropriate project leaders have to look at the available resources and budget on them to meet customer expectations and needs. In all projects time management is of essence according Hurink (2011). Usually, when carrying out organization projects, a team is taken and a project management team is put in place. The project management is put in charge of scheduling for completion of the project within the set deadlines and the allocated resourcesRead More Use of Project Management Software in Business Essay1222 Words   |  5 PagesUse of Project Management Software in Business Project Management is using the concepts of information technology in businesses to meet the requirements of a particular project. It depends on the process it needs to take to implement a project. The application of knowledge, skills, and tools and techniques is needed (http://www.asp.org/infoglossary/p). There are 3 main phases of project management, they are planning, scheduling and controlling. How the process is implemented is through differentRead MoreProject Management : Program Evaluation And Review Technique874 Words   |  4 Pagestechniques that a project manager must master is the Program Evaluation and Review Technique (PERT) or Arrow Diagram Method (ADM) as known by the Project Management Institute. This method is one of the most common scheduling models in project management (Meredith Mantel, 2009, p 21). A method that analyzes the probabilities of a project finalizing on time. The PERT identifies the worst, best and most likely case scenarios and aids the projec t manager in developing a simple project schedule while consideringRead MoreResource Scheduling Methods: Analysis609 Words   |  3 PagesResource Scheduling Methods Analysis It has been said, â€Å"A schedule is†¦ An instruction to a fool†¦ A guide to a wise person. In retrospect scheduling is an important part of project management to anyone that has and ever will be engaged in such a task.. This monograph will be an analysis of the concept of resource scheduling, evaluation of various methods used to schedule resources, the benefits and challenges associated with each, and methods of when each would be most appropriate. As well a choice