THERE IS AN EFFECTIVE WAY TO PERMANENTLY SHUT DOWN THE EAST CARIBBEAN STATES THAT SELL CITIZENSHIP BY INVESTMENT PASSPORTS, AND IN DOING SO LAUNDER THE PROCEEDS OF CRIME THROUGH AMERICAN FINANCIAL INSTITUTIONS

The United States appears to be afraid to rein in the five East Caribbean states that sell Citizenship by Investment (CBI/CIP) passports to financial criminals, corrupt Politically Exposed Persons (PEPs), terrorist financiers, and nationals from countries under international sanctions. I assume it is the Department of State that, wanting to keep good relations with, and maintain upon, these mini-states, that keeps US law enforcement away from America's corrupt Caribbean English-speaking neighbors.

This political malfeasance allows career money launderers, fraudsters and sundry other financial criminals to clean their criminal profits through CBI passport programs, and most of them even end up with Caribbean real estate in the process. These countries, whose programs give their passport purchasers visa-free access to the UK and EU, need to be convinced to terminate their CBI schemes, as they facilitate international crime. besides, all these programs demand US Dollars from purchasers, which results in cleaned dirty money transiting the New York banking structure.

So, how can the United States artfully stop this transnational, organized criminal conduct? Simple, just have our banks employ Derisking, the termination of correspondent accounts in the US for all Caribbean banks that accept CBI agencies' payments. Those payments end up being laundered through American banks, and this has to stop; therefore, cut what are actually money laundering banks off from the US financial structure forthwith. That will force the CBI programs to switch to another currency to save their national economies, because a denial of access to American banks will be fatal to nations that depend upon major imports to survive, as well as to service their customers who are exporters, or need raw materials.

Shut down the bloody money laundering facilitating (through CBI schemes) Caribbean banks, and watch these programs die a quick death. If you consider this a radical step, consider the billions of dollars of dirty money laundered in the Caribbean through CBI passports, and what those purchasers do once they own a low-risk identity document in Europe. Kill the ECs golden goose, please.