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On the Dirty Money Trail-New Report Tracks Hundreds of Billions in Illicit Finances to Points of Deposit
May 13th, 2010
WASHINGTON, D.C.—A report released today from Global Financial Integrity (GFI) examines where trillions of dollars in illicit finances—the proceeds of crime, corruption, and tax evasion—are being deposited.
The new report, The Absorption of Illicit Financial Flows from Developing Countries: 2002-2006, rounds-out the groundbreaking analysis put forward in GFI’s 2008 report Illicit Financial Flows from Developing Countries: 2002-2006, which estimated that the developing world was losing $1 trillion per year to illicit financial practices. The report will be revealed at a media event May 13th,...
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Another Priceless Isle of Man Video
October 5th, 2009
The TJN blog just pointed out this video, titled "Don't bank on the Isle of Man." Building on the previous "Don't Bank on the Isle of Man" videos, it's turning out to be quite a series. Of course, it also has a serious point - that banking in offshore, low-regulation, secrecy jurisdictions carries very serious risks.
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