โ ExplanationAdvancedBusiness & Law โบ Regulation & Compliance
Art, Real Estate, and the Business of Washing Money
The global art market moves $65 billion a year with almost no AML regulation. Manhattan penthouses sell to anonymous LLCs. Here's how high-value assets became the preferred vehicle for laundering serious money.
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โ Guideโก Quick ReadAdvancedWealth & Inequality โบ Income Inequality
Follow the Money โ The Financial Structure of the Sinaloa Cartel
The Sinaloa Cartel is not just a drug trafficking organization โ it is a vertically integrated multinational enterprise generating an estimated $30 billion annually. Here is how the money flows from production to consumption to laundering to reinvestment, and why it has proven so difficult to disrup
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โ Explanation๐ StandardAdvancedBusiness & Law โบ Regulation & Compliance
How Money Laundering Works โ Placement, Layering, and Integration
Money laundering turns criminal proceeds into legitimate-looking wealth. The three-stage process โ placement, layering, integration โ moves roughly $800 billion to $2 trillion through the global financial system every year. Here's how it actually works.
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