ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Real estate popular choice for laundered money

Author
Newstalk ZB,
Publish Date
Tue, 26 Nov 2019, 12:03PM

Real estate popular choice for laundered money

Author
Newstalk ZB,
Publish Date
Tue, 26 Nov 2019, 12:03PM

Real estate appears to be where most dirty money is being hidden.

A new police report has revealed $1.35 billion of laundered money is generated each year.

Anti-Money Laundering expert Ron Pol told Mike Hosking real estate is a popular choice for criminal investment.

He says it's a very simple way to hide the process of serious crime, .

"It's also extremely difficult to identify with the current systems."

LISTEN TO THE INTERVIEW ABOVE

Take your Radio, Podcasts and Music with you