grte@lemmy.ca to Canada@lemmy.ca · edit-211 months ago‘Dirty Money’: New book explores how financial crime is corroding Canadaglobalnews.caexternal-linkmessage-square3fedilinkarrow-up1129arrow-down11
arrow-up1128arrow-down1external-link‘Dirty Money’: New book explores how financial crime is corroding Canadaglobalnews.cagrte@lemmy.ca to Canada@lemmy.ca · edit-211 months agomessage-square3fedilink
minus-squaresbvlinkfedilinkEnglisharrow-up17·11 months agoGood ol’ snow washing seems to be a subset of the white collar crime described in this book. We’ve been hearing about money laundering in casinos for at least a decade. It seems like some level of government should have stepped up by now.
minus-squareEm Adespoton@lemmy.calinkfedilinkarrow-up6·11 months agoThe crazy thing here is that so many shell companies exist in China where anyone can look up the beneficiaries of any corporate entity. In Canada, you’ll get no further than the corporate ownership chain.
minus-squaresbvlinkfedilinkEnglisharrow-up8·11 months agoIt’s been said a lot, but Canada is basically three corporations in a trenchcoat.
Good ol’ snow washing seems to be a subset of the white collar crime described in this book.
We’ve been hearing about money laundering in casinos for at least a decade. It seems like some level of government should have stepped up by now.
The crazy thing here is that so many shell companies exist in China where anyone can look up the beneficiaries of any corporate entity.
In Canada, you’ll get no further than the corporate ownership chain.
It’s been said a lot, but Canada is basically three corporations in a trenchcoat.