Summary by NewsWall Mar 23 23
- Illegal smuggling of billions of dollars worth of gold occurs every month from Zimbabwe to Dubai, allowing criminals to launder dirty money through shell companies, fake invoices, and bribed officials.
- An infographic illustrates how Gold Mafia members launder money through the use of shell companies and fake invoices.
- Angel proposed using unaccounted for money to construct a hotel near Victoria Falls, a well-known tourist attraction in Zimbabwe.
- Kamlesh Pattni, who was involved in a gold smuggling scheme in Kenya during the 1990s, has relocated his operation to Zimbabwe and is now engaged in a similar scam, exporting gold to Dubai and laundering both the money and the precious metal.
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| Last Updated | Mar 23 23 |
| Total Articles | 2 |
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