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NEW: British Columbia’s announced a new beneficial ownership registry—which means we should soon learn who’s been behind the shell companies purchasing units at Trump’s Vancouver Hotel. thinkprogress.org/identity-shell… 
It hasn't seen much attention in the U.S., but over the past few years Vancouver—and Canada writ large—has transformed into a global dirty money haven.
Things have gotten so bad investigators regularly refer to "the Vancouver method" in money laundering. thinkprogress.org/identity-shell…
Things have gotten so bad investigators regularly refer to "the Vancouver method" in money laundering. thinkprogress.org/identity-shell…
It was in the middle of Vancouver's dirty money explosion that Trump International Vancouver came online—with the FBI even investigating the building's financing.
(Some 70% of Trump Organization sales have gone to anonymous shell companies since Trump won the GOP nomination.)
(Some 70% of Trump Organization sales have gone to anonymous shell companies since Trump won the GOP nomination.)
Now, British Columbia's proposed legislation is at the fore of pro-transparency efforts on money laundering via real estate.
"This legislation is probably the most progressive not just in Canada but in the world, quite frankly," @JamesCohen82 told me. thinkprogress.org/identity-shell…
"This legislation is probably the most progressive not just in Canada but in the world, quite frankly," @JamesCohen82 told me. thinkprogress.org/identity-shell…
@JamesCohen82 One other note: As we get more insight into dirty money in Vancouver, crooks/kleptocrats are flocking elsewhere in Canada.
Case in point: Toronto, where tens of billions of dollars' worth of real estate are held by anonymous shell companies. transparencycanada.ca/news/billions-…
Case in point: Toronto, where tens of billions of dollars' worth of real estate are held by anonymous shell companies. transparencycanada.ca/news/billions-…
'The daughter of the kleptocratic ruler of Republic of Congo used millions of dollars of apparently stolen state funds to buy a luxury apartment at the Trump International Hotel & Tower in New York City' globalwitness.org/en/campaigns/c…
'David Bogatin, a Russian mobster, and Jean-Claude Duvalier, the Haitian dictator known as Baby Doc, both owned units in Trump Tower, the president’s flagship property on Manhattan’s Fifth Avenue.' nytimes.com/2019/04/10/bus…
Here's our dive into how Baby Doc Duvalier became the first dictator, and first kleptocrat, to ink a deal with Trump to purchase a Trump Tower unit, way back in 1983: thinkprogress.org/trumps-first-k…
@JamesCohen82 'The Panama Papers showed that this term ["snow washing"] was used internationally to promote Canada as a place where dirty money could be cleaned like the pure white snow.' transparencycanada.ca/wp-content/upl…
🤔
Come for the kleptocracy, stay for the Delaware cameo:
