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It was never considered a "secret" in Russia. London was always the "default" destination for Russian wealth as well as for children of wealthy people.
by tdiff 5y ago
It was never considered a "secret" in Russia. London was always the "default" destination for Russian wealth as well as for children of wealthy people.
- throwaway290 5y agoA secret is different from something people are just unaware about. "London is known in Russia as a place to launder money" is factually incorrect and unfairly implicates the entire country. It may be known as such among a tiny minority who have multiple citizenships and most likely do not reside in Russia. Where investing in stock market/index funds is quite uncommon for an ordinary person, what a handful of the top .0001% do to their finances is even further out there. I know a few somewhat well-off by Russian standards people and no one has been to GB much less use it for some shady financial schemes.