SFW readers who conduct business with E-Trade may wish to know that the firm failed to comply with anti-money laundering regulations specifically aimed at Jihad by failing to maintain proper records on 1200 customers in Dubai. Dubai has a long history of being a finance center for Jihad, as well as a smuggling point into Iran to skirt international sanctions…

Hat tip to Money Jihad blog for this story:

http://moneyjihad.wordpress.com/2011/05/09/etrades-unknown-dubai-customers/

 

 

 

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