The simple definition of "Money Laundering" is the process whereby the proceeds of crime are transformed into legitimate cash or other assets.
Faithful followers of most mega-churches and prosperity preachers, in defense of their clergy will often remark, "my pastor doesn't accept a salary, he has his own business." Yes, and I'm the prince of Whales.
Apostolic Money Laundering is a three steps process:
- Cash is introduced into the financial system via tithes, offerings and various other miscellaneous donations to the bishop and his church - all tax free.
- Secondary business or businesses set up to create complex financial transactions as a ruse to hide and funnel large amounts of cash - the cash he's purportedly giving to the Lord.
- Wealth acquisition from the integration of the illicit funds.
The major difference being, the team sports owner is keenly aware that he's in the business of entertaining; while the canonical crook, for all intents and purposes, is selling and making prodigious profits on salvation and your stupidity.
These guys are very good motivational speakers who operate adroitly as megalomaniacal narcissist. That's sort of an oxymoron but the megalomaniac requires an audience (believers), fame, glory and conquest, while the narcissist basically lives in his own world of flagrant fabrications and skillful skulduggery.
© Copyright 2014 - All Rights Reserved. Author, Taskeinc
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