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Learning How to Launder Money from How to Pay a Bribe

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According to the Association for Research into Crimes against Art, art crime has been dominated by organized crime since 1961.  And yet today the greatest exploiters of local and international markets for fine art may not be any of the usual suspects – not the mafia, not the yakuza, not the drug cartels.  The biggest threat to legitimate collectors and connoisseurs today may be business tycoons who use Chinese and international art markets to launder money. Professor Lo Shiu-Hing, an expert on international crime and on Hong Kong’s politics and economy at the Hong Kong More…

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