Print Me Up Some Money. Michael Bloom is an executive manager in a federal contract review office in the District of Columbia. He has final review and authorization authority over reconstruction contract bids in the southeast region of Afghanistan. Bloom has agreed to take a bribe of $500,000 to make certain that Alburton Construction receives the contract for building new schools in the region. This government contract involves multimillions of dollars in expenditures.

In anticipation of the bribe, Bloom has set up a new company called Island Printing LLC, a shell company, along with a company bank account. He is the sole owner of Island Printing, which is registered on the island of Nauru. Bloom owns shares in Z-Print LLC, a small printing company registered in the District of Columbia. He has operated the printing company along with his father-in-law for a number of years. Bloom has checked the operating agreement for Z-Print, and there are no restrictions that would prevent him from selling his shares in Z-Print to an outsider in a non-public offering of these company shares.

Alburton gets the Afghanistan contract, and Bloom tells Alburton to invoice Island Printing for $500,000 in printing services and deposit the money in Island Printings bank account in Nauru. From there, Bloom uses the money to buy out his shares in Z-Print. The purchase price is $500,000. Blooms father-in-law says he will go along with the deal for $50,000. The $50,000 is recorded as an increase in his salary. The sale documents are signed, and the money is moved from Island Printing to Blooms personal bank account in two transfer payments of $250,000 each over a four-month period. Although he knows the deposits will require the bank to report the transactions, he believes the sale documents will deflect any questions that may be asked.

Describe the placement, layering, and integration activities that are occurring in this case.