Legal
Law Firms’ Accounts Pose Money-Laundering Risk
Tens of billions of dollars every year move through opaque law-firm bank accounts that create a gap in U.S. money-laundering defenses, according to a Wall Street Journal analysis. These accounts were used by suspects in a multibillion-dollar scandal involving a Malaysian state investment fund known as 1MDB, according to a…
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Click here to read the full story: The Wall Street journal