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July 16, 2018 06:10 pm PDT

China's super-rich get the lion's share of British plutocrat visas

The UK will give you a visa if you "invest" USD2.65M in the country; historically these "millionaire visas" were used by Eastern European oligarchs and other looters whose "investments" were in shell companies or high-end, empty luxury flats, or similar socially useless ways of laundering their fortunes. (more…)


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/EGNy3hywvf4/money-laundry-uk.html

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