Danske Bank Caught Using Gold Bullion to Launder Illicit Funds



Danske Bank Caught Using Gold Bullion to Launder Illicit Funds

The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch let a select group of clients from Russia convert their money into gold bullion in order to help hide funds.

Also read: China Now Censors…



Source link