Some of the most well known banks in the world are also the biggest money launderers. The recent Troika Laundromat affair added another $8 billion to the trillions financial institutions wash every year. Over $2 trillion is laundered annually by criminals who utilize various ways to hide money in banks, which are often complicit or at least willing to turn a blind eye. The following is a look at money laundering schemes used by criminal enterprises that use the world’s so-called ‘regulated’ banks as their main laundromat system.
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The World’s ‘Regulated’ Banks Wash More Than $2 Trillion Every Year
Financial incumbents and politicians love to invade normal people’s everyday activities and they’d love to know how our funds are being spent right down to the last penny. At the same time, the banking system that they regulate is used to wash trillions each and every year using schemes like shell companies, bogus supply chain invoices, smurfing, and…