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.

History and Physical Examination Essay

Admitting Diagnosis: Stomatitis possibly methotrexate related. Chief Complaint: Swelling of lips causing difficulty swallowing. HISTORY OF PRESENT ILLNESS: This patient is a 57-year-old Cuban woman with a long history of rheumatoid arthritis. She has received methotrexate on a weekly basis as an outpatient for many years. Approximately two weeks ago she developed a respiratory infection for which she received antibiotics and completed that course of antibiotics. She developed some ulcerations of her mouth and was instructed to discontinue the methotrexate approximately 10 days ago. She showed some initial improvement but over the last 3 to 5 days has had malaise, a low grade fever and severe oral ulcerations with difficulty in swallowing. Although she can drink liquids with less difficulty. Patient denies any other problems at this point except for a flare of arthritis since discontinuing the methotrexate. She has rather diffuse pain involving both small and large joints. This has caused her some anxiety. MEDICATIONS: 1. Prednisone 7.5 mg p.o. daily. 2. Estradiol 0.5 mg p.o. q.a.m. 3. Mobic 7.5 mg p.o. daily, recently discontinued because of questionable allergic reaction. 4. HCTZ 35 mg p.o. every other day and oral calcium supplements. 5. In the past she has been on penicillamine, azathioprine, and hydroxychloroquine but she has not had Azulfidine, cyclophosphamide or chlorambucil. ALLERGIES: None by history. FAMILY/SOCIAL HISTORY: None contributory. PHYSICAL EXAMINATION: This is a chronically ill appearing female alert oriented and cooperative. She moved with great difficulty because of fatigue and malaise. VITAL SIGNS: Blood pressure 107/80. Heart rate 100 and regular. Respirations 22. HEENT: Normocephalic, no scalp lesions, dry eyes with conjunctival injection, mild exophthalmos, dry nasal mucosa, marked  cracking and bleeding of her lips with erosions of the mucosa. She has a large ulceration of the mucosa at the bite margin on the left. She has some scattered ulcerations on her hard and soft palate. She has difficulty opening her mouth because of pain. Tonsils not enlarged. No visible exudate. SKIN: She has some mild ecchymosis on her skin and some erythema. She has patches but no obvious skin breakdown. She has some fissuring in thebuttocks crease. PULMONARY: Clear to percussion and auscultation bilaterally. CARDIOVASCULAR: No murmurs or gallops noted. ABDOMIN: Soft, non-tender, protuberant, no organomegaly and positive bowel sounds. NEUROLOGIC: Cranial nerves 2 through 12 are grossly intact. Diffuse hyporeflexia. MUSCULOSKELETAL: Corrosive destructive changes in the elbows, wrists and hands consistent with rheumatoid arthritis. Has bilateral total knee replacements with stove pipe legs and perimalleolar pitting edema 1+. I feel no pulses distally in either leg. PHYCIATRIC: Patient is a little anxious about these new symptoms and theyre significance. We discussed her situation and I offered her psychological services. She refused for now. PROBLEMS: 1. Swelling of lips and dysphasia with questionable early Stevens-Johnson syndrome. 2. Rheumatoid arthritis class 3, stage 4. 3. Flare of arthritis after discontinuing methotrexate. 4. Osteoporosis with compression fracture. 5. Mild dehydration. 6. Nephrolithiasis 7. Anxiety PLAN: 1. Admit patient for IV hydration and treatment of oral ulcerations. 2. Obtain a dermatology consult.  3. IV leucovorin will be started and the patient will be put on high dose corticosteroids. 4. Considering patients anxiety perhaps obtain services of Stella Rose Dickinson PHD phycology at a later date.

John Rawls’ Theory of Justice: Contribution to Solve Some Political Issues in the Philippines

John Rawls is perhaps the most significant intellectual in philosophical ethics to have written in the past hundred years. It is nearly impossible to address ethics in contemporary philosophy without saying something about John Rawls. Central to his theory of justice are the concepts of fairness and equality from behind what he terms a â€Å"veil of ignorance†. Rawls's veil of ignorance is a component of the way people can construct society. He refers to an â€Å"original position† in which a person is attempting to determine a fair arrangement for society without any preconceived notions or prejudices. In this original position, people are behind what Rawls calls a â€Å"Veil of Ignorance† and do not know where they will fall in the social hierarchy in terms of race, class, sex, disability, and other relevant factors. Rawls is a Kantian liberal in that he believes that principles of justice should be universalizable, and so the only way to ensure that people will select fair principles of justice is to be certain that they do not know how the principles they select might affect them as individuals. A person behind the â€Å"veil of ignorance† does not know which side of a social contract he or she will be on, does not know his or her race, class, sex, or status in society. You can read also  Justice System Position Paper A person who does not know what privileges he or she will be born with (or without ) is, in Rawls' view, more likely to construct a society that does not arbitrarily assign privilege based on characteristics that should have no bearing on what people get. Rawls believes that a society cannot be just without fairness and equality and believes this veil of ignorance both reveals the biases of current society and can help to prevent biases in establishing future social arrangements. Rawls is often thought of as a liberal philosopher given his position emphasizing fairness regardless of social status. His philosophy can be used to justify programs like affirmative action but has also been used by the more politically conservative to argue that the American political system allows each person a fair chance and that most people would choose the American political system from behind a veil of ignorance. Source: John Rawls-A Theory of Justice

Expanded Role of the CIO essays

Expanded Role of the CIO essays To begin a thorough discussion of the question What are the possible advantages and disadvantages of giving the CHIEF INFORMATION OFFICER an expanded role in the corporation? We must first differentiate between the roles of an Information Technology Manager and the roles of a Chief Information Officer CHIEF INFORMATION OFFICER if there is a difference at all. The role of a Chief Information Officer as defined by dictionaryreference.com is the person who determines the overall strategic direction and business contribution of the information systems function in a business. As one CHIEF INFORMATION OFFICER tried to defined the role of Chief Information Officer on http://techrepublic.com.com/5100-6297_11-1048844.html. He had to break it into two separate definitions for both small and large companies. There are really two types of CHIEF INFORMATION OFFICER roles: the small-company CHIEF INFORMATION OFFICER and the large-company CHIEF INFORMATION OFFICER. The small-company CHIEF INFORMATION OFFICER typically runs an environment of networks, servers, and purchased applications. The IT group will operate and maintain existing systems, and will select and implement new systems. Typically, everyone in the IT department (with the possible exception of the CHIEF INFORMATION OFFICER) is hands-on with the technology and systems on a daily basis. The large-company CHIEF INFORMATION OFFICER, on the other hand, manages larger groups performing essentially the same functions, as well as groups developing custom applications. Most of the management team at a large company is hands-off with the technology. Now the role of an Information Technology Manager as defined by http://jobguide.thegoodguides.com.au/text/jobdetails.cfm?jobid=44 Information technology (IT) managers plan, administer and review the acquisition, development, maintenance and use of computer and telecommunicati ...

The Catcher in the Rye Overview

'The Catcher in the Rye' Overview The Catcher in the Rye, by J.D. Salinger, is one of the most well-known coming-of-age novels in American literature. Through the first-person narrative of teenager Holden Caulfield, the novel explores modern alienation and the loss of innocence. Fast Facts: The Catcher in the Rye Author: J.D. SalingerPublisher: Little, Brown and CompanyYear Published: 1951Genre: FictionType of Work: NovelOriginal Language: EnglishThemes: Alienation, innocence, deathCharacters: Holden Caulfield, Phoebe Caulfield, Ackley, Stradlater, Allie CaulfieldFun Fact: J.D. Salinger wrote a prequel (The Ocean Full of Bowling Balls) that tells the story of Holdens brothers death. Salinger donated the story to Princeton University on the condition it not be published until 50 years after his death- the year 2060. Plot Summary The novel begins with the narrator, Holden Caulfield, describing his experience as a student at Pencey Prep. He has been expelled after failing most of his classes. His roommate, Stradlater, wants Holden to write an essay for him so that he can go on a date. Holden writes the essay about his late brother Allies baseball glove. (Allie died of leukemia years prior.) Stradlater does not like the essay, and refuses to tell Holden whether he and his date had sex. Upset, Holden leaves campus and travels to New York City. He rents a room in a cheap hotel. He makes arrangements with the elevator operator to have a prostitute named Sunny visit his room, but when she arrives, he becomes uncomfortable and tells her that he just wants to talk to her. Sunny and her pimp, Maurice, demand more money and Holden gets punched in the stomach. The next day, Holden gets drunk and sneaks into his family’s apartment. He talks to his younger sister, Phoebe, whom he loves and regards as innocent. He tells Phoebe that he has a fantasy of being the catcher in the rye who catches children when they fall off a cliff while playing. When his parents come home, Holden leaves and travels to his former teacher Mr. Antolinis house, where he falls asleep. When he wakes up, Mr. Antolini is patting his head; Holden becomes disturbed and leaves. The next day, Holden takes Phoebe to the zoo and watches as she rides the carousel: his first true experience of happiness in the story. The story ends with Holden stating that he got sick and will be starting at a new school in the fall. Major Characters Holden Caulfield. Holden is sixteen years old. Intelligent, emotional, and desperately lonely, Holden is the epitome of an unreliable narrator. He is obsessed with death, especially the death of younger brother Allie. Holden strives to present himself as a cynical, smart, and worldly person. Ackley. Ackley is a student at Pencey Prep. Holden claims to despise him, but there are hints that Holden views Ackley as a version of himself. Stradlater. Stradlater is Holden’s roommate at Pencey. Confident, handsome, athletic, and popular, Stradlater is everything Holden wishes he could be. Phoebe Caulfield. Phoebe is Holden’s younger sister. She is one of the few people that Holden holds in high regard. Holden views Phoebe as smart, kind, and innocent- almost an ideal human being. Allie Caulfield. Allie is Holdens late younger brother, who died of leukemia before the start of the narrative. Major Themes Innocence vs. Phoniness. Phony is Holden’s insult of choice. He uses the word to describe most of the people and places he encounters. To Holden, the word implies artifice, a lack of authenticity, and pretension. To Holden, phoniness is a symptom of adulthood; by contrast, he views the innocence of children as a sign of true goodness. Alienation. Holden is isolated and alienated throughout the entire novel. His adventures are consistently focused on making some sort of human connection. Holden uses alienation to protect himself from mockery and rejection, but his loneliness drives him to keep trying to connect. Death. Death is the thread that runs through the story. For Holden, death is abstract; what Holden fears about death is the change that it brings. Holden continuously wishes for things to remain unchanged, and to be able to go back to better times- a time when Allie was alive. Literary Style Salinger employs naturalistic, slang-infused language to believably replicate the voice of a teenage boy, and injects the narration with filler words to lend it the same rhythm as the spoken word; the resulting effect is the sense that Holden is telling you this story. Holden is also an unreliable narrator, telling the reader that he is the most terrific liar you ever saw. As a result, the reader can’t necessarily trust Holden’s descriptions. About the Author J.D. Salinger was born in 1919 in Manhattan, New York. He burst onto the literary stage with the publication of his famous short story, A Perfect Day for Bananafish in 1948. Just three years later he published The Catcher in the Rye and solidified his reputation as one of the greatest authors of the 20th century. Superstardom did not agree with Salinger, and he became a recluse, publishing his last story in 1965 and giving his last interview in 1980. He died in 2010 at the age of 91.

HIV positive women should not become pregnant Research Paper

HIV positive women should not become pregnant - Research Paper Example There is also a risk of higher post operative complications among severely immunodepressed HIV infected women. Moreover, pregnant women with HIV are affected by stigmatization. A cross-sectional study done on 1525 women attending antennal clinics in Kenya indicated that the rates of stigma was high which led them to refuse testing (Turan, Bukusi, Onono, Holzemer, & Cohen, 2011) . This paper focuses on evidence based review of literature why HIV positive women should not become pregnant. There is an estimation of about 1.5 million women living with HIV globally with over 90% concentrated in the Sub-Saharan Africa. According to Centre for Disease Control and Prevention (2014), perinatal transmission is HIV transmission from mother to child during pregnancy, labor and delivery. In the United States, 88% of persons under 13 diagnosed with HIV acquired it perinatally. The African American population represented 63%, Hispanics were 22%, while whites were 13% of the dignoses of perinatal HIV infection at the end of 2009. Despite the increase in the number of women with HIV gving birth, there has been a decline in perinatal infections from 2007 to 2009. The transmission rates are high, 15- 45% when no interventions are put in place. In developed countries, the mother to child transmission (MTCT) of HIV has been almost eliminated due to effective prevention programs. There are significant challenges facing prevention mother to child transmission (PMTCT) programs in developing countries therefore causing significant gaps in reducing the rates of MTCT. HIV positive women are recommended by the World Health Organization to be assessed for the eligibility to start highly active anterotroviral therapy (HAART). In this regard, PMTCT programs present a major opportunity to HIV positive women to enable prevention of infant infections as well as allow

Current Situation on the Consumer Credit Market in the U.S Term Paper

Current Situation on the Consumer Credit Market in the U.S - Term Paper Example This paper offers contemporary analysis of the recent tendencies in American market for consumer loans. The research clearly shows that the situation in the market is gradually improving, considering the growth in consumer loans provided. Consumer purchases just like the entire consumer behavior, is a complex one. Businesses as well as academicians have been focusing on this behavioral pattern for quite some time. In the post crisis situation the business houses also need to have fair knowledge of consumer’s income. In the post crisis situation where most countries are still recovering from economic downturn, consumers are experiencing low disposable income. The effects of credit crunch of 2007 fails to die down as organizations may not be able to finance sufficient credit and this is likely to have an effect on consumer credit. Clearly after the global financial crisis US economy has suffered a loss in mortgage markets. The credit situation has been deeply influenced by financial crisis. Bad debts as a result of easy availability of credits have culminated into a crisis. Financial crisis was just an outcome of accumulating debt. During the economic times in 2005 consumer spending was at such a rate that savings had landed on zero. Post crisis consumers are increasing their savings rate. Although still much in wide usage consumers are trying to make less use of credit cards. In recent times banks have made some recovery and lending is again taking place. They are mainly supplying student loans.