Category Archives: money laundering

Bitcoin, crypotocurrencies unregulated and fraud is rampant

Bitcoin and other cryptocurrencies are like the Bre-X stock — they will leave investor hopes in tatters Diane Francis: These are equity issues without rules and investors should avoid them like the plague Anyone can create a cryptocurrency out of thin air.Luke MacGregor/Bloomberg Last week, Arizona’s legislators took the strange step of preparing laws to… Read More

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Putin’s folly and more is good news for Ukraine

Ukrainians are finally starting to see that “spring has arrived” following a string of positive developments. “It’s the Ukrainian national habit to complain, but there has been a lot of good news lately,” said Ukraine’s Deputy Minister of Trade Nataliya Mykolska in an interview while on a trade mission to Canada. “Naftogaz won the Stockholm… Read More

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Illicit Financial Flows: The Unchecked Scourge of the World

The Canada-US Law Institute panel on money laundering and the fact that it is the “scourge of the world” that threatens democracies and capitalism involving myself and Josee Nadeau. Panel is linked here and the panel — with its background and my hard-hitting presentation as to the fact that the lawyers must have “know your client”… Read More

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May 30-31 Canada-US Law Institute conference in Cleveland

I am a member of the Executive Committee of the Canada-US Law Institute which holds important conferences and events in both countries to discuss the legal impliications — and legal reforms needed — to facilitate the two countries’ relationship. This year I’m on a high-level panel in “Financial Integrity” involving the legal professions in both… Read More

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Dec. 14: Washington DC Hudson Institute Kleptocracy Initiative

I’m on the Kleptocracy Initiative Advisory Board and will participate in an important event as part of a series called “China’s Crony Capitalism: Kleptocracy with Chinese Characteristics” The event will be December 14 from 12 to 2 pm at the Stern Policy Center, Hudson Institute, 1201 Pennsylvania Avenue, NW Suite 400, Washington DC. China’s anti-corruption… Read More

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Stolen Future: Atlantic Council/Newsweek Major Issue Paper by Diane Francis on Russia-Ukrainian Corruption

Atlantic Council published May 10, 2016 Diane Francis’ new issue brief, “Stolen Future,” exposes the depth and breadth of the economic devastation a corruption fueled oligarchy has wrought in Ukraine. In the wake of the Euromaidan Revolution, Ukraine has the opportunity to break the cycle of wealth appropriation which has plagued both Russia and Ukraine… Read More

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Atlantic Council: Putin and corruption threaten Ukraine, the west

Russian President Vladimir Putin is pivoting and wants to withdraw from the Donbas but keep Crimea, according to Iegor Soboliev, the head of the Ukrainian parliament’s anti-corruption committee. “He wants to give it back to us right now. He doesn’t need the Donbas,” he said in an interview on October 5. “Unfortunately, he will try… Read More

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Europe’s Next Wave of Migrants May Come From Ukraine

n chess, a player is in “zugzwang” when no move will rescue his situation. Russian President Vladimir Putin has put Ukraine in “zugzwang” and, as things now stand, the country is unable to move forward militarily, economically or diplomatically. Without relief, Europe may end up with another deluge of asylum seekers, this time from Ukraine…. Read More

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