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cnn.com·29 July 2020

The Art World Has a Money Laundering Problem | CNN Business

Money LaunderingInvestigationSanctions

CNN reported on the bipartisan Senate investigation revealing how Russian oligarchs with ties to Vladimir Putin exploited the secrecy of the art industry to evade sanctions through more than $18 million in high-value art purchases. Senate investigators described the findings as 'just the tip of the iceberg' regarding illicit use of the art market.

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