COVID-19 SOFTENS BUSINESSES UP FOR MAFIA ML EXPLOITATION
September 2nd, 2020
The Covid-19 crisis has had many negative impacts, and one has been the undermining of legitimate businesses. In countries with strong organised crime traditions, this has meant more opportunities for money launderers to subvert hard-pressed entrepreneurs or take them over, to use their businesses as fronts for cleaning criminal proceeds.
Concerns have already been raised by the Italian government – a country with a major organised crime problem, of course, how a weakened Italian economy, which shrank 17.7% in the second quarter of 2020, compared to same ...
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