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celtoid | 2 years ago

Jeez...why can't they launder their money through the Seychelles and Dominica like normal people do?

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anonym29|2 years ago

Seychelles had some legal changes in recent years that has made it much less attractive for such activity.

Strange as it may seem, the US is now one of the best countries for money laundering, particularly a few states that are very business-friendly, like Delaware.

hiAndrewQuinn|2 years ago

It's true. There's a whole Planet Money episode about this somewhere in their archives; I think Economics Explained on YouTube also touches on this. Shell corps are the way to go (not that I would know, of course).

dpc050505|2 years ago

Canada is another great place to launder money.

steve_adams_86|2 years ago

In BC our GDP is 1/5 real estate. It’s surreal. I’m willing to be wrong, but my spider senses tell me a whole lot of weird stuff is going on in that sector.