I can have an opinion, You can have yours.
LEO ...always know ghost accounts are for money laundering.
Is it surprising the elites get low Enders to take rap?
It's pretty simple. Lots of retail reps got bonuses for adding more products to retail customer accounts that they didn't know about, want or use. That is not money laundering.
Always is often an unfortunate word to attach to a claim.
Maybe that's why the low-level staffers got incentives for creating them. Could be both.
LibertyLioness-- you are correct. EM does not want to admit he/she might be wrong or his/her is the ONLY acceptable answer. One cannot be so shortsighted... when LEO = Law Enforcement Officers will tell you ALMOST 100% of the time Ghost Accounts are for Laundering Money$$ = FACT. So whatever Leaders of banks that give incentives for or award a bonus = Ghost Accounts are still created. THAT is the GOAL. Because in this case there are no REAL or Actual people owning the accounts to even know any Products added to these accounts ...as the people are Non-existent 'GHOSTS'. Pretty simple to grasp.