Bloomberg Originals
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The Two Most Common Ways Criminals Launder Money
Posted
April 1, 2014
Views
335,070
Likes
2,640
Comments
210
Engagement
0.85%
April 1, 2014
335,070
2,640
210
0.85%
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1:52Now PlayingApril 1 (Bloomberg) --- If you were a criminal, you used to need a whole network of people to wash all of your illicitly made cash clean, but now, all it takes is a few clicks onyour mouse. Setting up a phony shell corporation in the cayman islands is easier than applying for a rental lease in NYC. Bloomberg Businessweek's Sam Grobart takes a look at all the modern techniques criminals are using to try to get away with it all. (Source: Bloomberg)
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