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The operation ended with forty arrests and the seizure of $10 million in drug proceeds and 3,600 kilograms of cocaine. Cocaine that's price $1 million on a new York avenue weighs about 70 pounds (30 kilograms), Loans For Bad Credit while a stash of U.S. 1 million weighs about 256 pounds (116 kilograms). Antar bought his inventory and left with $30 million in revenue. Total, Loopy Eddie laundered more than $eight million. Laundered money is often untaxed, which means the rest of us ultimately should make up the loss in tax income.


This means extra fraud, more corporate embezzling (which implies extra workers losing their pensions when the company collapses), extra medicine on the streets, more drug-associated crime, regulation-enforcement assets stretched beyond their means and a normal lack of morale on the part of legit enterprise individuals who don't break the law and do not make almost the profits that the criminals do. In the end, loans for bad credit people who earn a living from money (traders) pay decrease effective tax rates than people who generate income from a job. When mortgage lenders come up with their ARM rates, they appear at the index and add a margin of two to four proportion points.