Dirty Money
I have a relative who faces the following dilemma, though he doesn’t see it as a dilemma. But I do.
My relative is involved in the charitable sector. He has been approached by some representatives of a foreign foundation. He doesn’t know anything about the foundation – those who run the foundation want to keep all substantial details about it secret, for reasons unknown (they may have honourable motives). The foundation has a bank account in the UK, with money transferred into it from abroad: my relative assumes that the money is legally kosher (since the British bank would have had to check for money laundering and so on). Read More »Dirty Money