How the pandemic has fuelled money laundering I FT

Video
Over the past 12 months Covid-19 has curtailed countless business activities, but not money laundering. The UN estimates some $1.6tn is laundered every year, and authorities say lockdown measures have presented criminals with even greater opportunities to commit offences. But why is this, and what are countries doing to fight back?

See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.

► Check out our Community tab for more stories on the economy.
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: https://www.instagram.com/financialtimes’

Products You May Like

Articles You May Like

Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Alaska Airlines 2024 forecast tops estimates after loss from Boeing Max grounding
Americans think they need almost $1.5 million to retire. Experts say to focus on another number instead
Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results
Most doses of Eli Lilly’s Zepbound, Mounjaro in short supply through June, FDA says 

Leave a Reply

Your email address will not be published. Required fields are marked *