http://www.gothamist.com/2006/07/29/diamonds_are_a.php All comments for Diamonds Are A Money Launderer's Best Friend en-us 2007 design_jill Tue, 05 Jun 2007 16:26:27 -0500 http://blogs.law.harvard.edu/tech/rss jpriluck@earthlink.net jpriluck@earthlink.net 60 http://www.gothamist.com/2006/07/29/diamonds_are_a.php#comment-282004 http://www.gothamist.com/2006/07/29/diamonds_are_a.php#comment-282004 Comments Mon, 31 Jul 2006 01:36:34 -0500 <p>A CPA friend once worked on 47th Street. He was both amused and appalled by the record-keeping practices. A typical trade, he explained, would be documented with an invoice reading simply 27.6 carats of diamonds at $107 per carat = $29,5332with no information on how many stones were involved in the trade, or their size, condition (cut or uncut), color, or quality. The possibilities in this industry are obviously infinite and not confined to the world of the legitimate. </p> http://www.gothamist.com/2006/07/29/diamonds_are_a.php#comment-281517 http://www.gothamist.com/2006/07/29/diamonds_are_a.php#comment-281517 Comments Sat, 29 Jul 2006 21:29:54 -0500 <p>good post!!</p>