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Booming London Property Market a Haven for Dirty Money

Billions of dollars of so-called "dirty money" from the proceeds of crime, especially from Russia, are being laundered through the London property market, according to anti-corruption activists. The British government has pledged to crack down on the practice. During the past five years, prime London property has risen in value by 42 percent, and campaigners say it is partly fueled by "dirty" money from the proceeds of crime. In a recent British...

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