Mr. Doubting Thomas & Mrs. Doubt-Fire – 2021

“The oldest and strongest emotion of mankind is fear, and the oldest and strongest kind of fear is fear of the unknown.” H.P. Lovecraft wrote those words in the 1920s and they are still relevant today and will be more relevant in 2021 and beyond.

These days of the “New Normal”, inevitably means Online Banking transactions, Online Marketing, Online selling and buying of Services and Products, online booking, e-commerce, Online Classes for Schools, Colleges, University Students, Online shopping, Online FOREX Trading, Online Training, lonely working from Home, Online on your Personal Computer (PC), Laptop, Tablet or Smartphone, attending online presentations, Virtual meetings, Workshops, Training and Conferences using ZOOM, Webinars, Podcasts, Microsoft Teams, LinkedIn, Skype, YouTube, Facebook, Vimeo, Instagram, Snapchats and other Social media etc.

We are always being introduced to Subjects we never knew existed in 2000 or indeed paid attention to such as Machine Learning, Coding, Algorithms, Artificial Intelligence and the cyber world of the Digital Currency, Cryptos, Block Chains and Digital Wallets. We all need to understand where the World is moving to. We all need to play catch up. You speed up or get peed on. The Digital Currency is simply unstoppable. The train is still moving and moving forward. We just have to trade with the trend and jump on now in 2021 if you are already not on. If you you have to fall, fall forward but make sure you wake up, dust yourself up and move forward. Do not just make movements. Rocking Chairs and Rocking Horses make movements but they do not go anywhere. You have to take action and move forward.

It is understandable to question things. A doubting Mr. Thomas and or a Mrs. Doubt-Fire is a skeptic person who refuses to believe without direct personal experience, someone who rarely trusts or believes things before having proof : a doubtful or skeptical person. Granted, but how will you prove if you are not willing to find out by learning? Some learning and knowledge is acquired through practical action of doing, e.g. When you are told to Download Apps on App Store or Google Store on your Mobile Phone or Google Search up the name of the Company. You do in order to learn more.

Willingness to learn is defined as a desire, wish or readiness to acquire new knowledge and develop. It means that a person does not want to stand in one place, wishes to be more qualified and keep up with the modern trends and tendencies. It refers to both professional competence and general education. This willingness to learn is an extremely valuable quality to have especially now and beyond 2021. As all aspects of society are constantly changing, your willingness to learn will ensure you can adapt, grow, and be successful in many areas of human endeavor.

One thing is for sure “Success won’t fall in your lap — you have to pursue it”, Beyond being personally or professionally beneficial, taking risks may be a necessary step in actively pursuing success. Embracing risk-taking helps you overcome a fear of failure. Arianna Huffington has long identified the fear of failure as a major roadblock to success. You don’t achieve your dreams by playing it safe. Risk-taking won’t only potentially benefit the career-path you’re already on — it may actually open you up to a world of possibilities you have yet to consider. President and CEO of EngenderHealth Pamela Barnes urged female professionals to leave their comfort zone in order to achieve their potential in an interview with The Grindstone:

“It is fear that reinforces the walls we build, people are afraid to be swayed from their convictions, afraid to question their moral instincts and expose themselves to ideas that may challenge the fabric of their entire existence, but what are we if we are not seeking to better ourselves?” ― Aysha Taryam

“In moments of great change we suffer, somehow hoping deep down that our emotions and our dramas can change the future or prevent it from happening. Future happens regardless.” Dragos Bratasanu, Ph.D. May I add, Digital currency is here to stay. What we thought of the FUTURE is already happening. We are already in the FUTURE on CRYPTOS. We just have to learn them.

The term risk-averse describes the investor who chooses the preservation of capital over the potential for a higher-than-average return. You may be so bogged down with worries about the consequences of taking a risk that you forget there are consequences involved with not taking a risk also. If you never take risks, you will always be settling and living with regret. This constitutes a serious risk as well, as you may not be living the fulfilling life you really want.[1]

Let go of what others think. Stop living the life that you think other people expect you to live, and start living the life you really want to live. If you aren’t constantly worrying about disappointing others or embarrassing yourself, it will be much easier for you to take risks in life.[2]

“The way to develop self-confidence is to do the thing you fear and get a record of successful experiences behind you. Destiny is not a matter of chance, it is a matter of choice; it is not a thing to be waited for, it is a thing to be achieved.” — William Jennings Bryan “Nothing will ever be attempted, if all possible objections must be first overcome.” — Samuel Johnson

“Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did. So throw off the bowlines, sail away from the safe harbor, catch the trade winds in your sails. Explore. Dream. Discover.” — Mark Twain.

“Do not be too timid and squeamish about your actions. All life is an experiment. The more experiments you make the better.” — Ralph Waldo Emerson.

“Nothing will ever be attempted, if all possible objections must be first overcome.” — Samuel Johnson.

A Chinese proverb goes like this. “Pearls don’t lie on the seashore. If you want one, you must dive for it.”

Opportunity dances with those on the dance floor. You can’t always be watching from the terraces or the Balcony. The floor is open. The music is playing. The DJ/MC is live. You have to Dance. “Let’s Dance in 2021 and Beyond” Happy New Year 2021. See you at the Top. The Bottom is just too crowded Lol!

Forex and Digital Currency Trading Ideas

From Fiat to Cryptocurrency – Bitcoin & others

The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain.

Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.

There are many more others like Ethereum and Ripples . You can as well learn how they operate and how you can participate on the Forex and Digital Exchange Markets and Platforms through trading and make money. Click on the link to learn more and get in touch.

Zambia – Banking & Financial Services Act

The Banking and Financial Services (Amendment) Act No. 7 of 2020 was assented on 23 October 2020. The Zambian Act amends the Banking and Financial Services Act in relation to among others;
• licensing for banking businesses, financial businesses or financial services;
• implementation of supervision for the purposes of the prevention and combating of money laundering and financing of terrorism or proliferation or any other serious offence;
• the restructuring, transferring or closing, for instance, of a financial service provider by the Bank of Zambia; and decisions of a tribunal.

All Commercial Banks, Non-Banking Financial Service Providers, Bureau de Change (Casas De Cambio), Law Enforcement, Financial Intelligence Centre, Security and Exchange Commission and other key stake holders in the Compliance, Operations and Financial Crime Risk Management Portfolios need to study the Legal provisions contained herein the amended Act and ensure compliance with the breath and spirit of the law in order to avoid sanctions, penalties and attendant fines.

Knowing Who, How and Why is cardinal

Just like KNOWING who and how are important, knowing “WHY” is also very cardinal. There is an old Zambian song which goes like ” Kusiyana siyana kwa Nchito”. Another one by Air power band which stated “It is the way we get by”.

Both songs allude to the facts of life pertaining to different callings, passions, professions etc. Others are Doctors, Accountants, Lawyers, Tax Collectors, Teachers, Nurses, Police Officers, Business people, Traders, Cadres, Politicians, Clergy, Tamangas, Plumbers, Brick layers, Artisans, Carpenters, Marketers, Drivers, Painters, Photographers, Economists, Farmers, Athletes, Footballers, Undertakers etc.

The Big Question we must all ask ourselves and yourself in particular is why have you chosen to do what you do? Knowing why makes all the difference. We all must Know why, and you’ll figure out how. Know why, and you’ll find the motivation, enthusiasm, persistence, and strength to make it happen.

Begin noticing and being careful about keeping your imagination free of thoughts that you do not wish to materialize. Instead, initiate a practice of filling your creative thoughts to overflow with ideas and wishes that you fully intend to manifest. Honor your imaginings regardless of others seeing them as crazy or impossible. – Wayne Dyer said.

When all of your wishes are granted, many of your dreams will be destroyed – Marily Manson. Not ukusabaila. Jack and Jane of all trades and master/mistress of none. Focus and be determined. Not fye ukwalola umwela eko naimwe mwalola. Once you hear that cross boarder trading in woolen blankets from Botswana is in the in thing, you abandon your University Education and opt for that. You hear that eggs and goats are selling fast at Kasumbalesa Boarder Post, you want to do the same abandoning your Mukula Tree selling project.

You hear mongers rumoring about the African Potato and its alleged potency to cure certain ailments, you abandon your Moringa and Jathropa Tree growing project on your livestock and fish farm and go into swamps and dambos looking for the African Potatoes. You hear that importing used vehicles from Japan is trending, you abandon the Traditional Healing Kantemba selling sawdust as aphrodisiacs (mutototo) and jump in the smuggling in of lagers for Comesa Market.

You cant do everything; From selling Needles to selling Aeroplanes via selling boats and Buses. You are not Amazon, Alibaba or ebay, Walmart, Costco, Target or Game online store. Just because everyone else desires to do, to have, to achieve something, is not enough. Be sure it’s truly important to you, and know why.

Give your actions the power of authentic purpose. Tap into a source of energy that grows stronger the more you use it. To complete your daily mental hygiene, observe any part of you that is upset or anxious, and offer that part of yourself the following simple wishes: ‘May you be well. May you be happy. May you be free from suffering.’ Repeat this until you actually mean it. – Martha Beck.

Instead of frustration, you can experience joy. Instead of disappointment, you can know fulfillment. It all comes from understanding why. Know why, and whatever you imagine is yours to create. Stay well and be Blessed.

Yakuza tribal cousins to the Triads and the Mafia

Italy has the Mafias. China has the Triads. Zambia has the Jerabos. Japan has the Yakuza. Yakuza, also known as gokudō, are members of transnational organized crime syndicates originating in Japan. The Japanese police, and media by request of the police, call them bōryokudan, while the yakuza call themselves ninkyō dantai.

The largest group in the Japanese Yakuza, the Yamaguchi-Gumi, from its headquarters in Kobe, is involved in drug trafficking, human trafficking, extortion, prostitution, fraud and money laundering both in Japan and abroad.

These activities are estimated to generate the group billions of dollars in illicit funds annually. To combat such criminal activities, financial investigation units and financial institutions have begun putting pressure on the Yakuza and its affiliates by freezing its assets.

In February 2012, USA President Barrack Obama and Joe Biden identified the Yakuza as a significant transnational criminal organization (TCOs) and charged the US treasury department with pursuing additional sanctions against their members and supporters. The Treasury Department proceeded to designate the largest group within the Japanese Yakuza, the Yamaguchi-Gumi and two of its leaders as targets of its sanctions authority.

This action resulted in the freezing of any assets the designated persons had within the jurisdiction of the United States and prohibiting any transactions with them by the U.S. persons. The pressure against the Yakuza has since increased as Japan’s Financial Services Agency ordered Mizuho Financial, one of the wealthiest financial institutions in the World, to improve its compliance regarding suspected loans loaned to known criminal organizations.

Japan’s Police Agency estimates that due to this increased pressure from regulators, the membership of the Yakuza is steadily declining as it becomes increasingly difficult to launder the money. They are always re-invention new modus operandi.

Philippines to Crush Bulk-Cash Smuggling

The House of Representatives of the Philippines filed a bill in March 2020 aimed at curbing bulk-cash smuggling. The proposed Anti-Bulk Cash Smuggling Act of 2020, would impose reporting requirements and demand prior clearance for those transporting PHP500,000 or more in cash or using other monetary instruments. If passed, those caught violating the requirements could face several years in prison.

Government employees who facilitate smuggling would be prosecuted, fined and may face prison time as well. The legislation comes just a few days after the country’s Department of Finance announced that from mid-2019 to March 2020, two Chinese organized crime syndicates, “Rodriguez” and “Chinese,” have smuggled into the country $200 million and $168 million, respectively. Further, a total of approximately $180 million was brought into the Philippines from China just from December to February. The “Singapore” group smuggled in PHP2.6 billion, and “Hong Kong” group PHP2.3 billion.

Much of this cash has been brought in through couriers, who make trips to and from China a few times a week and avoid proper inspection at the airport with the help of corrupt police or military escorts. In filing House Bill No. 6516 Albay Rep. Joey Salceda said bulk cash smuggling is a serious national security risk as much as it is a risk to the country’s institutions.

“Bulk cash smuggling suspected to be in the billions of pesos is enough to shift political fortunes and corrupt institutions in the country facilitating crime and other illegal activities,” Salceda said. He warned that if the country’s financial authorities are unable to respond to bulk cash smuggling decisively, the risk becomes greater that the Philippines would get delisted from the Financial Action Task Force (FATF) for being a high-risk base for terrorism financing and money laundering.

“This delisting would have serious implications on the ability of our financial institutions to expand and do business transnationally. This would also carry broader dangers to our credit standing internationally, making the country a riskier borrower of funds,” he said.

The bill seeks to expand the coverage of the Anti-Money Laundering Act of 2001 to include one-time cash transports of more than PHP500,000 at any one time. It shall also empower the Anti-Money Laundering Council (AMLC) to define a cumulation of closely-related events that would constitute “one-time”. The bill proposes to criminalize bulk cash smuggling to ensure that the evasion of a paper trail for cash transfers will not be tolerated.

A person convicted of a currency smuggling offense shall be imprisoned for not less than 7 years and not more than 14 years. There shall also be a civil forfeiture in favor of the Philippines of assets related to cash smuggling.

“In view of the urgency of the need for a response to the currently unmitigated influx of bulk cash into the Philippines, and given the critical importance of a policy response to the threats that bulk cash smuggling pose to peace and order, national security, and institutional and financial integrity, the immediate enactment of this bill is urgently sought,” he said.

Finance Secretary Carlos Dominguez III has indicated willingness to work with legislators anew for the proposed Anti-Money Laundering Act (AMLA) reforms, as he cited loopholes in the existing law. “Our laws have no teeth to investigate and prosecute these activities effectively. We don’t have enough tools to know where all this money is going, without being hamstrung by stringent bank secrecy laws,” he added. Dominguez said it is imperative to amend AMLA, which remains a weak tool against money laundering and other unlawful activities.” (PNA)

11-2020 amidst Covid-19 Thanksgiving Day in USA

I’m so happy and grateful for the gift of life and to be well and alive today. I owe an incalculable debt of gratitude to my parents, my family members, my life partner/wife and children.

I’m grateful for the many great opportunities and enriching experiences I have had in my life, stay, work and interactions in Africa, Europe, Middle East, Asia and USA. I have worked for the public and private sectors, development organizations, pharmaceutical industries, financial institutions, international banks and several others.

To my friends, colleagues and family members, I have a question to ask each and everyone of you. In the last 11 years, the amount of money that has flowed through your bank account or bank accounts, how much profits have you made on it? You may include Fixed Deposits, Interest bearing, savings and checking accounts. Are you able to account for the profits, or everything has been swallowed in account maintenance fees, Account activity fees, commission fees, ATM fees, check book fees etc.

With regard to future retirement ideas, “Going back to the land, Green Revolution and Agricultural Farming concepts and chitemene system and type of farming ideas are not designed for everyone”. “What if there was a way or if there was a skill that could teach you and anyone between 11 years and 88 years how to multiply your money, would you want to know or learn about about it?”

IM mastery academy is a social learning place dedicated to training anyone to become the best version of themselves. Featuring academy education delivered in a way that’s simple, easy & fun, live sessions from industry leaders and independent business opportunities to earn residual income for anyone to live the lifestyle they’ve always wanted.

All you need is a laptop, iPad, iPhone, iPod, android gadget and you can learn in English, Catalan, French, German, Italian, Polish, Portuguese, Simplified Chinese, Spanish the FOREX and Digital Currency Trade Ideas. Simply call, inbox, follow me and Register using the link below: Stay safe and be blessed. Remember to give THANKS.

Organized crime money laundering Gang Australia

In January 2014 Australia’s biggest money-laundering investigations, Project Eligo seized AUD5.7million (USD5.3million) in cash from a location in Sydney. Investigators believe that money was being laundered through centers in the Middle East and Asia using techniques including but not limited to structuring, trade-based money laundering, and informal value transfer systems. It is also suspected that part of the funds was being directed to Lebanese militant group the Hezbollah.

When speaking of the incident, John Schmidt Chief Executive Officer of AUSTRAC, Australia’s anti-money laundering agency said remittance sector is recognized internationally as being anti-risk of being exploited by serious and organized crime groups. “Over the past two years, AUSTRAC has taken regulatory action against 15 Remitters. Importantly, the task force will continue to work with the alternative remittance sector and relevant industry bodies to build resilience and safeguard against such organized crime threats” said Mr. Schmidt.

Since its establishment in December 2012, the Eligo Task Force has successfully uncovered 40 separate money-laundering operations across Australia, seized of AUD586million (USD550 million) worth of assets, drugs, and cash and identified almost 128 Serious organized crime activities previously unknown to law enforcement agencies.

Underground bank and Money Laundering Typologies – Viets & Sino

The Perpetrator was Ruan Zhizhong who operated in China and Vietnam. In August 2009 Chinese law-enforcement raided an underground bank and money laundering gang that had sent an estimated USD1.46 billion abroad in illegal transfers.

Chinese media reported that, “During a raid of the gang’s headquarters in Guangxi’s Fangchenggang City, Police seized 70 deposit books, 590 bank cards, two cars, six computers and 680,000 Yuan (USD99,400) in cash” as well as freezing 327 related bank accounts involved in the money laundering case with a total value of 47.5 million Yuan (USD7.6million).

According to a Guangxi Police Spokesman, Qin Yongjun, the gang had been opening legal bank accounts in Guangxi as well as Guangdong and Fujian Provinces. They then used the accounts to make illegal electronic transfers abroad mainly to Vietnam.

For many years the Chinese government has imposed restrictions on the overseas transfer of money. This led parties to resort to underground banks to illegally launder and move money abroad. As a way to simultaneously facilitate the legal transfer of funds and at the same time reduce related criminal activity, the Chinese State Administration of Foreign Exchange has since relaxed its policy on international transfers, yet related incidents continue to occur.

Organized Crime boss control empire from prison

The perpetrator was Carson Yeung, Hong Kong hairdresser turned businessman who made his fortune trading in penny stocks/shares, eventually becoming the president of English football club Birmingham city football club in 2009.

After years of high living the charges brought against him included money laundering totaling a value of USD92.8 million from entities including casinos and suspected criminals. It was ruled that between 2001 and 2007 much of the money which went through Five of Yeung’s bank accounts came from illicit sources in Macau. In his defense, Yeung claimed that the funds were Casino winnings. He was unable to convince anyone, let alone the judge. Yeung was sentenced to six years imprisonment.

“He did not care where the money came from, and he did not bother to ask,” said Judge Douglas Yau, adding that Mr. Yeung had lied throughout his testimony. “He was just making it up as he went along.”

In 2018, jailed Hong Kong businessman Carson Yeung Ka-sing denied in court that he had controlled Birmingham City Football Club while he was behind bars for money laundering.

The hairdresser turned businessman was testifying against a former accountant of Birmingham International Holdings – of which Yeung was chairman until 2014 – now on trial for theft. Jerry Ko Ka-wai, 35, has denied stealing US$4.8 million from the company between September 26, 2013 and December 16, 2014. Sounds like a criminal stealing from the Senior criminal.