Posted by Matt in July 19th, 2008 |
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Published in
Crime,
Authorities,
Disguise,
empire,
Famous Mobsters,
Gold,
Investigations,
Mafia,
Metalor,
Money,
Odd,
Recipient,
Scandal,
South Africa,
Subsidiary,
Swiss Bank Accounts,
Swiss Law,
Switzerland,
Ubs
The Mafia are ingeniously silver-plating their glimmering stash of South Africa’s stolen gold. The disguise has allowed them to launder money in Swiss bank accounts. Investigations finger top Swiss Bank — UBS, and its subsidiary Metalor, who is the proven recipient of the ‘odd gold’. So shouldn’t Metalor have informed the authorities? Technically they’ve so [...]
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Posted by Matt in March 1st, 2008 |
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This time, however, the beneficiaries of the oil-price explosion are driving the demand for gold. Research by the World Gold Council shows that Qatar, the gas-rich Gulf state, has been buying about one tonne of gold - worth more than $34million today - every month for at least the past year.
Russia, a large producer of [...]
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