Thursday, 25 October 2012
The Wages of Sin Are Hard to Spend, Or Why the Bad Guys Have Caches of Cash
He's said that he received more than $600,00 straight out and another $100,000 in jaunts and dinners and golf trips. Part of the cash he used to buy presents for his children, but he didn't know what to do with the rest. Finally he started spending it at the Montreal casino, because at least thata way it would go back int he province;s coffers, he's said.
Then yesterday the anti-fraud squad seized the contents of several safety deposit boxes belonging to Gille Vaillancourt, mayor of Laval, the suburb north of Montreal. It has not been officially confirmed, but the boxes also contained lots of cash.
And then there's the weird case of Brian Mulroney who had several hundred thousand in a safe at his home: how it got there is an interesting story, why he kept it there is probably even more interesting.
Because the fact is that it's really hard to get rid of ill-gotten gains. You can't declare them on your income tax, deposit them in the bank, invest some for a rainy day and then just spend a bit at a time. You'll be leaving a paper trail that is hard to deny. You may even feel guilty...
Posted by Mary Soderstrom