In this clip, Michael Franzese opened up to VladTV about laundering money while he was with the mob, and putting his money in banks in Austria and the Cayman Islands, which didn't have agreements with the U.S. He explained that he had $33 million in a foreign bank, and he and his partner had half of the numbers needed to access the account, which made them dependent on one another. Michael added that the government seized the $33 million, but said that it was never recorded.
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