AMERICAN KLEPTOCRACY by CASEY MICHEL

American Kleptocracy: How the U.S. Created the World's Greatest Money Laundering Scheme in History

How the U.S. Created the WORLD’S GREATEST MONEY LAUNDERING SCHEME in HISTORY

Casey Michel shows us the world of illicit offshore money schemes.

American Kleptocracy looks at how the United States morphed into the center of global money offshoring.

Our country has been at the center of this illicit game for far too long. While our leaders decry corrupt regimes around the world, we are happy to take their money.

If you want to start your own shell company go to Delaware. Or Nevada. Delaware will let literally anyone set up a virtual shop. Having managed property for a long time, most of my owner’s companies are LLCs in Delaware. A state they don’t live in. Soviet Oligarchs, African despots, the worst of the worst store their money here while their own people starve. And when Trump came along it was a marriage made in greed. Restrictions were released. Laws made it easier to launder and hide money.

Do we really know how much of our own country is owned by outsiders? Shocking.

This was an excellent book that taught me a few new things. The author has a way of breaking down a rather large topic and just saying, “Hey, this is what is going on!”. He also talks about how our new President could proceed.

Very well researched and written, this was a great read.

NetGalley/November 16th, 2021, St. Martin’s Press







3 thoughts on “AMERICAN KLEPTOCRACY by CASEY MICHEL

  1. I’ll have to read this. I’ve also wondered how politicians got so wealthy. Maybe ten million dollars to Pakistan for gender studies in December 2020 as part of a COVID relief plan contains some hints. I wonder how much of that money came back to politicians in the US?

    Liked by 1 person

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