How do they track down the funds of people who commit financial crimes? Can’t they just hide the money?

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Wanted to ask as I saw SBF’s sentence included a penalty of 11 billion. If he doesn’t just fork it over and claims he doesn’t have it, what do they do next?

In: Economics

3 Answers

Anonymous 0 Comments

It is hard to move large quantities of money without leaving a trail. As a Federal Bank Examiner I traced money from place to place until I figured out where and why it was going. People went to prison.

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