"The best. Alan Beckwith Senior made a shitload of money in a number of franchises, mostly real estate. Junior's been successful, but he's worked all his life in the shadow of his dad. Beck never measured up. From what I've heard, it's not like his dad made judgments about him, but Beck was conscious of the gap in their accomplishments. His old man went to Harvard and graduated fifth in his class. Beck's academic career was undistinguished. His college was good, but strictly second tier. He ended up with an MBA, but gradewise, he wasn't even in the top twenty-fifth percentile. That's just how it went. His achievements were modest compared to his dad's and I guess the older he got the worse he felt. He's the kind of guy who swore he'd be a multi-millionaire by the time he was forty. At thirty, he was stalled out and getting desperate to make good. You know the saying 'Money's just a way of keeping score'? Well, Beck took that to heart. Five, six years back, he decided his prime goal was to outearn his dad. Since he couldn't manage it playing straight, he took a left-hand turn. He realized he could make a lot more money if he offered his services to people who needed to have theirs washed."

"Money laundering?"

"Right. Turns out Beck has an aptitude for financial shenanigans. Since he deals in high-end real estate, the basic infrastructure was already in place. There are half a dozen ways to fiddle funds when you buy and sell property, but the mechanism's slow and there's too much paperwork. With money laundering, you want to minimize the paper trail and put as many fire walls as possible between you and the source. His early efforts were clumsy, but he's getting better at this stuff. Now he's set up an offshore company – a Panamanian dummy corp called Clements Unlimited. Places like Panama, you can hide a lot of dough because the bank secrecy laws have been tight there since day one. 1941, they took their cue from the Swiss and went to coded accounts. Unfortunately for the bad guys, the numbered account isn't what it once was. Swiss banks don't offer the same level of protection, because they've taken so much flak for providing cover for thugs. They've finally recognized the necessity for getting along in the international banking community and that's motivated their signing treaties with a host of other countries. In effect, they've agreed to cooperate where there's proof of criminal activity. Panama isn't as eager to please. They've got lawyers who create companies in bulk and sell them off to customers who want to sidestep the IRS."

"You're talking about shell corporations, right?"