London, Paris, New York: Centers of Elite Rich Corrupt Money Launderers

‘Expensive apartments in London, Paris and New York are being used to raise the social status of their owners and enhance their luxurious lifestyles as well as being used as convenient methods of hiding hundreds of millions of dollars from criminal investigators, according to a new report.
The report from Transparency International — Doors Wide Open — says property is purchased through anonymous shell companies or trusts without undergoing proper due diligence by the professionals involved in the deal.’
Read more: London, Paris, New York: Centers of Elite Rich Corrupt Money Launderers