6 ms·

So let's say the buyer didn't go running his mouth about stealing the money, and didn't lie about who the beneficial owner was, how exactly is having his name a

by cascom 8y ago

So let's say the buyer didn't go running his mouth about stealing the money, and didn't lie about who the beneficial owner was, how exactly is having his name as the beneficial owner of a property going to stop money laundering?

james1071 8y ago
The UK authorities have the power to ask people to explain where their money came from. So, if a former Russian public official is revealed to be the owner of a £10m property in London, he is at risk of having it confiscated.
- beaconstudios 8y ago
  I wonder if the funds will be rightfully returned to the Russian government in cases of embezzlement.
  - james1071 8y ago
    unexplained wealth - money goes to UK govt.