{"id":7255,"date":"2022-11-25T13:44:29","date_gmt":"2022-11-25T13:44:29","guid":{"rendered":"https:\/\/newmoneyreview.com\/?p=7255"},"modified":"2023-01-25T14:20:17","modified_gmt":"2023-01-25T14:20:17","slug":"following-the-money","status":"publish","type":"post","link":"https:\/\/newmoneyreview.com\/index.php\/2022\/11\/25\/following-the-money\/","title":{"rendered":"Following the money"},"content":{"rendered":"

We are living in the golden age of fraud.<\/p>\n

But we\u2019re also in a golden age for data leaks.<\/p>\n

In the last six years we\u2019ve seen a cascade of confidential information from places like Panama, Switzerland and Dubai\u2014countries where lawyers, accountants and bankers promise secrecy while serving the rich and powerful.<\/p>\n

The tens of millions of leaked documents have helped shine light on the financial affairs of the wealthy and well-connected. But they\u2019ve also opened the ill-gotten gains of many corrupt politicians and bureaucrats to public view.<\/p>\n

For every money movement through a tax haven, there\u2019s a digital record that can be traced by a growing army of citizen journalists and activists.<\/p>\n

In the latest New Money Review <\/em>podcast<\/a> I\u2019m joined by someone who\u2019s helped organise that activist army and tell some of their data-driven stories.<\/p>\n

Paul Radu is an investigative journalist and co-founder of the Organized Crime and Corruption Reporting Project (OCCRP).<\/p>\n

\"\"<\/p>\n

Paul Radu<\/em><\/p>\n

Paul is a winner of the Daniel Pearl Award, the Global Shining Light Award, the European Press Prize, and the Skoll Award for Social Entrepreneurship. He was also part of the Panama Papers team that won the 2017 Pulitzer Prize in Journalism.<\/p>\n

The amounts being looted are increasing exponentially<\/p><\/blockquote>\n

When oligarchs, corrupt politicians or criminals seek to move their money out of the public eye, the OCCRP is there to shed light on what they are doing.<\/p>\n

This is a global and a growing problem. The amounts being looted are increasing exponentially, reaching trillions a year. The money launderers are becoming ever more sophisticated in hiding what they are doing. There\u2019s a global network of bankers, accountants, lawyers and PR agents supporting them. And in many countries, the oligarchs and criminals are effectively above the law.<\/p>\n

This is a topic we should all know something about.<\/p>\n

Listen in<\/a> for a fascinating discussion of large-scale financial crime, including:<\/p>\n