LONDONGRAD: Why Russian Oligarchs are Using London for their Dirty Money | Alecus
Welcome…to Why Russian Oligarchs take their money to London:
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Why Oligarchs are Using London for their Dirty Money - The London Laundromat:
We think of money launderers and tax evaders as criminals; people who are inherently breaking the rules for their own financial gain. People who want to remain under the radar, live quiet lives, and discreetly filter their ill-gotten gains into legitimate, taxable income.
Well, that isn’t the case in the United Kingdom. The UK is specifically designed to be a safe haven for the world’s wealthiest oligarchs to store their money away from prying eyes. Especially oligarchs from Russia.
In today’s video, we’re going to talk about the United Kingdom and the insane efforts it’s gone to in order to outright ensure that foreign billionaires can store their money in safe offshore accounts there, and how this has specifically helped the Russian oligarchs since the fall of the Berlin Wall in 1991.
#londongrad #russiandirtymoney #alecus
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