I think this is wrong. Westpac had been fined a huge sum of money and lost big for supporting transactions of paedophiles, pimps and prostitutes. All disclosed on WBC thread, it was The LNP’s greatest mistake.
A lot of the Australian banks down there would not survive if they did not allow paedophiles, pimps and prostitutes to transact.
Regulators like FINCEN and SEC in Australia, the ASIC and the AUSTRAC do not do enough to stop the banks doing this stuff, and go after soft targets like Crown Casino, Sky City and Star.
Since the change in Government, the Wolf of Wollongong and Bogan from Logan have done absolutely nothing about it.
All the banks are getting away with loose programs and let paedophiles, pimps, prostitutes and non permanent migrants bank with them and transact.
It is Australia’s worst crisis. Along with the extremist LWNJ gang violence, thuggery and throwing trash cans full of sand, AUstralia should not be allowing paedophiles to be banked.
Australia should be sanctioned if it allows paedophiles to continue their vile exploitation just like the pimps, prostitutes and non permanent migrants.
