Word: looting
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...knowledge of a few secret codes, Gabriel Taylor, 27, electronically transferred the money from accounts belonging to Merrill Lynch, United Airlines and Brown-Forman distillers to accounts that some of the conspirators had set up under assumed names at two banks in Vienna. Before the gang could collect its loot, First Chicago discovered the fraud and alerted the FBI, which last week located the money and arrested Taylor and six alleged coconspirators on charges connected with illegal wire transfers. But the embezzlers came tantalizingly close to succeeding and showed how vulnerable banks and their vast computerized cash-movement networks...
...confusing answer: sometimes yes and sometimes no. Switzerland has always been willing to help the U.S. track down criminals who used Swiss accounts to stash their loot. But the two countries do not always agree on what constitutes a crime. In the Iran-contra case, there was no problem: North and his associates are accused of fraud, which is clearly a crime in Switzerland. Tax evasion, though, is not against Swiss law. An American who underreports his income can still hide the extra money from the Internal Revenue Service by putting it in a Swiss account...
...mother's feet and ankles as he lay in infancy on the floor. Colorfully sketched relations come and go, their idiosyncratic histories often beguiling in themselves -- especially vivid is the dying great-grandfather who caught the new rabbi robbing him of his life's savings and pummeled the loot out of him -- but only occasionally do they illumine the writer's developing spirit...
...show business contagious laughter breeds continual loot; the man who could not get arrested in Hollywood last year is now a well-paid pitchman for Honda and is in constant demand for TV specials and sitcoms. There are a book and a record based on his show, and in January he will begin filming Caddyshack II, a big-budget film about a self-made millionaire who joins a snobbish country club -- only to run afoul of the members when he develops a low-income housing project nearby. In 1987 the comedian will gross well over $1 million...
Biff Souterman, the guard on duty at the time, was puzzled about how the loot, worth over $45,000, could have been taken out of the yard without his knowledge...