Moscow on the Thames

Published December 17, 2015 6:37pm ET





“London property has become the bitcoin of the global kleptocracy,” says British journalist Ben Judah. Indeed, 37,000 properties in the British capital are owned by offshore companies. That’s about 10 percent of all property in central London. And much of this property was purchased using money gained through crime or skimmed from government accounts, frequently in Eastern Europe.

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