4 ms·
Art is huge in money laundering, e.g. https://www.nytimes.com/2017/11/17/arts/design/bernardo-paz-inhotim-prison-brazil.html https://www.nytimes.com/2017/11/17/
by badosu 9y ago
Art is huge in money laundering, e.g. https://www.nytimes.com/2017/11/17/arts/design/bernardo-paz-inhotim-prison-brazil.html https://www.nytimes.com/2017/11/17/arts/design/bernardo-paz-...
Casinos and jewelries as well, anything that might have a lot of non-tangible value and can be inflated without questions.
I am not too aware of markets outside of Brazil, but I'd assume sports teams and auctions are big too. I remember that in the last 15 years there were a lot of football team acquisitions by russians in europe.