When most people go to buy a property, it is an investment for the future or somewhere to live now. However, there is a darker side to the UK property market, and this is something that is now being taken more seriously and clamped down on in an effort to prevent criminal activities which are not only expensive for the country, but also create wider social issues.
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Money laundering is something that has been done for decades in many ways, and most people will know about the uses of legal businesses as a front for a more illicit business that is really going on, as well as the fact that the gambling industry has a terrible reputation for being used by money launderers. But the UK property market has also long been a favourite with money laundering criminals looking to ...