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British shell companies linked to 52 money laundering scandals

From reuters.com

British shell companies have been linked to 52 money laundering scandals involving 80 billion pounds ($105 billion) in the past 14 years, according to researchers at campaign group Transparency International. Tax evasion and financial crime has shot to the top of the international agenda in recent days following reports based on leaked documents from Appleby, a prominent offshore law firm founded in Bermuda. But the report from Transparency International’s UK arm said it’s not just Caribbean islands that are used to hide illicit money flows and that Britain was a key link in many of the largest corruption scandals of ... (full story)

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