Well, Cyprus is full of scam businesses and they are the backbone of the economy - except no slave labour is used. And this is in EU! And in plenty of other pla

Well, Cyprus is full of scam businesses and they are the backbone of the economy - except no slave labour is used. And this is in EU! And in plenty of other places. Core reason is capitalism, sadly. Capitalism means that a lot of money are in the hands of people that are (no longer, or at all) smart enough to make them - elderly who invested in stock market for 50 years, heirs, etc. When there is money to make, there will be people who will try to get them.