3 ms·
Interestingly, all the banks in your sources involved in money laundering of "Russian money" are big non-Russian (Dutch, German, Estonian, UK, Swedish, French a
by michalu 7y ago
Interestingly, all the banks in your sources involved in money laundering of "Russian money" are big non-Russian (Dutch, German, Estonian, UK, Swedish, French and so on) banks.
- JumpCrisscross 7y ago> all the banks in your sources involved in money laundering of "Russian money" are big non-Russian (Dutch, German, Estonian, UK, Swedish, French and so on) banks And Revolut is a non-Russian service. Hence the comparison. (Money laundering has three steps [1]. Dirty Russian money is typically placed with Russian banks. It is then layered between Russian and non-Russian banks before being integrated by a non-Russian bank, thereby masking its origins. Given the amount of dirty money flowing out of Russia, a Russian account tends to gather more scrutiny than e.g. a Danish one in the same way a Colombian account garners more scrutiny than a Miami one.) [1] https://en.m.wikipedia.org/wiki/Money_laundering https://en.m.wikipedia.org/wiki/Money_laundering