Financial Transparency Coalition

We’ve known for a while that anonymous shell companies have been used to purchase property everywhere from London to Los Angeles. Funneling potentially illicit money into high end real estate has turned out to be an easy way to bypass many of the checks that might be necessary if you moved the money into a bank

Bloomberg -- Former Credit Suisse Group AG broker Eric Butler was convicted of fraudulently selling millions of dollars in subprime securities to corporate clients that allowed him to generate higher commissions.