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That’s Called Money Laundering 💸

That’s Called Money Laundering 💸

Dave the Lawyer

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0:00

I've heard it said that daycare fraud is a hundred million. I've heard investigators at DHS tell me, well I've heard the news media say it's 50% fraud rate. I've had investigators tell me it's closer to 80, 70, 80 percent fraud rate. And those investigators are prohibited from disclosing the data to you that they have because of data privacy laws They go to work every day and they agonize over what they see on those computers

0:30

What they do what they see in the bank search warrants that they run where that money goes where it comes from some of those banks some of those up when they were doing the banks when they were floating money through the banks It would be deposited at 3 in the morning and the owner of the account would Quickly transfer it from one account to the next second after second and go through 50 different bank accounts

0:57

Which is a form of money laundering? The The data we were seeing on the phones was especially alarming wire transfers pictures in foreign countries I Was concerned I was deeply concerned and not only because of what I saw but because of what Law enforcement was telling me I worked very closely with law. I was a law enforcement officer I had a lot of friends in law enforcement and they all we

1:26

worked together everywhere from health and human services to fbi to local law enforcement to county sheriffs to state police we all worked as a team and some of the things they were telling

1:37

me and some of the investigations they were working on I had a hard time sleeping at night and I would encourage you talk to some of those people they'll talk to some of those people.

1:48

They'll talk to you. You may have to do it privately, off the record. But what they would reveal to you is, I think, I think it has a national security implication. I think it has a national security implication. I really do, and so do they.

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