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Showing posts with the label Digital Currency

How BlockChain may solve fraud in Real Estate property industry #CRE

When a TV documentary from channel 4 aired early this year , it involved under cover reporters , emphasising london's property boom is partly being funded, by overseas buyers, laundering money. Two undercover reporters posed as unscrupulous Russian government official called “Boris” and his mistress “Nastya” whom he wanted to purchase an upmarket property in London for. The couple [featured in video below]– Russian anti-corruption campaigner Roman Borisovich and Ukrainian investigative reporter Natalia Sedletska – viewed five properties ranging in price from £3m to £15m, on the market with five different west London agents, in Kensington, Chelsea and Notting Hill. Despite being made aware they were dealing with ill-gotten gains, the estate agents agreed to continue with a potential purchase. In several instances the estate agents recommended law firms to help a buyer hide his identity. One estate agent named a “very, very good lawyer … the last person I ...