i-law

Money Laundering Bulletin

Go for Gold

Geopolitical uncertainty - all-out war in some jurisdictions - and gyrations in US economic policy are driving up the price of gold, a safe haven asset, which, in turn, heightens its appeal to criminals as a non-cash value transfer mechanism: the figures, such as they are, bear this out, with the illicit activity often carried out in plain sight, finds Paul Cochrane.

Geopolitical uncertainty - all-out war in some jurisdictions - and gyrations in US economic policy are driving up the price of gold, a safe haven asset, which, in turn, heightens its appeal to criminals as a non-cash value transfer mechanism: the figures, such as they are, bear this out, with the illicit activity often carried out in plain sight, finds Paul Cochrane.

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