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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Destin Log
Location
Destin, Florida, United States of America
Date
Apr 13, 1982
Page
5
Colby Van Atta of Destin argues against Florida reinstating vehicle inspections. He calls it a nuisance, saying most drivers are competent to recognize their car's deficiencies.
A U S senator cites a Senate subcommittee hearing on money laundering as a growing global industry. A Colombian-born U S prisoner described a operation expanding from 500000 monthly in 1978 to 50000000 in 1980, with offshore banks in Cayman Islands and Turks and Caicos cited as key nodes.
Karen MacGrogan interviews developers and realtors about the Destin South Walton development surge. The piece contrasts self serving builders with conscientious ones, notes potential regulation after disasters, and cites high taxes cutting profits as well as a need for worker housing to sustain growth.
The community debates latest lower cost one bedroom units near the beach as buyers seek ownership while residents and newcomers complain of traffic rising prices and crime. Some see benefits from new shops and jobs, others fear loss of character and increased crowding.
Commentary discusses 15,000 population illegal operations tied to money laundering. It argues current penalties are inadequate and details a Senate bill raising criminal penalties from 1,000 to 50,000 and civil penalties from 1,000 to 10,000. The measure would include BSA violations under RICO, reward informants, and boost law enforcement. It also urges mutual assistance treaties with offshore banks to curb crime cash.
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