Financial Transparency Coalition

Real estate is often the choice conduit for money launderers to transfer money, primarily because it can be difficult to misprice, but also because of the way some countries write their laws.

Frank Vogl, one of the founders of Transparency International, wrote an op-ed in the Financial Times today. He is optimistic that the rise of information technology will lead to more assertive judicial systems and more accountable government.

In this Prezi, the final installment of a three-part series, I put illicit financial flows into context around the world.

Power Outages Plunged Nearly 700 Million People Across India into the Dark this Week. Could Better Governance and a More Transparent Financial System Have Averted This? Sometimes it can be difficult to wrap your mind around an exorbitantly large number like US$462 billion.  Global Financial Integrity's research shows that developing and emerging economies are  losing astronomically large amounts of money to crime, corruption, and tax evasion each year.  Indeed, our November 2010 report on India by GFI's Lead Economist Dev Kar revealed India had lost $462 billion in illicit outflows. This week's massive poweroutages across the subcontinent—plunging half the country, or about...