UK: The Ghost Companies Connected To Suspected Money Laundering, Corruption, And Paul Manafort

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August 23 2018

A vast web of shell companies is operating freely in Britain despite flagrant warning signs and documented ties to suspected money laundering, alleged bribery, and even Donald Trump’s convicted former campaign manager Paul Manafort.

The network of more than 100 firms shows that despite promises by successive British prime ministers to crack down on financial crime and corruption, UK authorities are still failing to stop suspected money launderers from pumping millions of pounds through the Western financial system — even when the red flags are glaringly obvious.