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Tag: money laundering

YOU WILL NOW GET CARDED TO BUY ART IN THE U.K.

Buying art for the sake of art is an extreme sport, practiced infrequently. And while showing off a sculpture priced as much as a condo in New York isn’t a crime, doing it to conceal an illegal stash of cash is. However, transactions in the art trade aren’t regulated, making it difficult to spot the…

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