10-7-96. WaPo: "Russian Crime Finds Havens In Caribbean" Russian organized crime groups are using unregulated and secretive Caribbean banks to launder their illicit gains, according to U.S. and Caribbean law enforcement officials. One bank that has drawn the scrutiny of U.S. authorities is European Union Bank in Antigua. EUB describes itself as the first bank on the Internet, offering the chance to open accounts, wire money, order credit cards or write checks by computer from anywhere in the world, 24 hours a day. A U.S. official said, "The bank is being investigated for violating U.S. laws with open solicitations on the Net, which is at best for tax evasion and at worst for money laundering." ----- http://jya.com/eublow.txt (10 kb) ftp://jya.com/pub/incoming/eublow.txt EUB_low