If a criminal wants to enjoy their illegally acquired wealth, they first have to "launder" the money — creating a fake paper trail to disguise where they got it from. Often people will take money abroad to do this, hoping that the cross-border aspect will make it harder to trace.
The 10 Biggest Hotspot For British Criminals Laundering Money
Oscar Williams-Grut, Business Insider
Sat, 11/28/2015 - 4:00am
Topics: treasury check nigeria nigeria transparency international corruption perception index man the isle guernsey asset recovery advisors carribean business insider british the isle man man uk british virgin islands hotspot laundering money assets tax offenders recovered identified people government companies worth million figure based linked arrested country haven
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