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Cyprus bailout - Up to 10% being taken from savings Watch

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    (Original post by reciproversexclu)
    Fascinating info (and tehFrance ) I make the average ~ 'stard median - in Russia around two thirds the UK minimum wage......... but how would the "govt officials/their cronies" get access CEKTOP ?
    The easiest scheme is:
    Commission a highway construction
    Propose an overly inflated budget for it
    Take everything but the barest minimum needed away, transfer to a trusted person with a bank account in a trusted regional bank who would subsequently transfer the money to Cyprus to your account.
    Hire slaves from Tajikistan to "build" the thing
    The road collapses 6 months earlier due to "extreme weather conditions", we gotta build a new one
    Back to point one (the cycle can be repeated up to 3 times!)
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    (Original post by CEKTOP)
    The easiest scheme is:
    Commission a highway construction
    Propose an overly inflated budget for it
    Take everything but the barest minimum needed away, transfer to a trusted person with a bank account in a trusted regional bank who would subsequently transfer the money to Cyprus to your account.
    Hire slaves from Tajikistan to "build" the thing
    The road collapses 6 months earlier due to "extreme weather conditions", we gotta build a new one
    Back to point one (the cycle can be repeated up to 3 times!)
    Did they learn these construction methods from the Sicilian Mafia / Neapolitan Camorra?
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    (Original post by Fullofsurprises)
    Did they learn these construction methods from the Sicilian Mafia / Neapolitan Camorra?
    You can replace construction with anything they can get money from the federal budget for, these methods were around since the 60s in Russia, more or less.
 
 
 
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