How do drug traffickers and other criminals use the fine art industry to disguise illicit proceeds?
They use forged or fraudulent invoicing of priceless works of art by auction houses
They commingle legitimate and illicit proceeds by principals for payment of fine art
They immediately resell priceless works of art after purchase from a foreign auction house
They use anonymous agents to buy the art and have the payment wired from offshore havens
One Comment on “How do drug traffickers and other criminals use the fin…”
I have the same idea. D