3 ms·
The money might be actually be earned elsewhere, but declared to be earned here to avoid Chinese scrutiny / reporting / tax laws.
by emmelaich 9y ago
The money might be actually be earned elsewhere, but declared to be earned here to avoid Chinese scrutiny / reporting / tax laws.
- seanmcdirmid 9y agoIt is obvious from the article that this is merely a money laundering operation. The feds don't care because it is Chinese money being laundered into the USA and out. The Chinese don't care because it is the people in power (or close to people in power) whose money is usually being laundered.
- fiblye 9y agoThis is far more likely. Most people don't even know Saipan exists, much less what goes on there. You'll draw less scrutiny in a middle of nowhere island vs Las Vegas.