13 articles on this subject, from across the site.
NFTs, crypto mixers and decentralised finance platforms enable money laundering through subjective valuations, transaction obscuring and regulatory gaps that traditional systems lack.
Criminals use crypto mixers, NFTs, decentralised finance platforms and privacy coins to hide the origin of stolen or illicit money, exploiting gaps in global regulation and enforcement.
Teodorin Obiang used shell companies, luxury real estate, art, yachts and cars to launder tens of millions in stolen state wealth, with help from banks and lawyers across multiple countries.
How Equatorial Guinea's Vice President stole state funds through inflated contracts, laundered money via offshore shell companies, and spent it on mansions, yachts and art before authorities seized his assets.
Money laundering converts illicit wealth into seemingly legitimate assets through placement, layering and integration stages, using shell companies, offshore accounts and luxury purchases.
Kleptocrats move embezzled money through shell companies and secrecy jurisdictions, inflating property prices globally and starving public services in their home countries.
Major cases involving Russian oligarchs, Malaysia's 1MDB scandal, Nigerian and Equatorial Guinean officials, and Uzbek elites show how kleptocrats hide billions. Countries now use sanctions, asset freezes, transparency registers and unexplained wealth orders to fight back.
Corrupt leaders use shell companies, offshore accounts, luxury assets, intermediaries, trade manipulation, fake loans and weak-regulation jurisdictions to conceal embezzled national wealth internationally.
A kleptocracy is a government where officials and elites use power to steal national resources. The article lists current and historical examples, from Russia to North Korea, and notes signs of kleptocratic corruption worldwide.
Iceland's 2008 banking collapse resulted from deregulation, risky lending, currency imbalance and global contagion. The government took over banks and sought IMF assistance.
Explores how individuals in positions of power often shift from idealism to corruption through power dynamics, lack of accountability, financial incentives, and institutional vulnerabilities.
Top politicians and the super-rich benefit from wealth, legal protections, political influence, media control, and global networks that insulate them from accountability and consequences for their actions.
Netanyahu faces multiple corruption allegations including bribery claims, media interference charges, submarine procurement irregularities and misuse of public funds. He denies wrongdoing.
