Blog: Does a Leaked FBI Report Refer to Scientologist-Owned GPB Capital Holdings & Its Purported Ties to the Russian Mob? - 2020-07-18
In his article of July 14, 2020 Thompson Lloyd of Reuters Intelligence discusses a recently leaked FBI Intelligence Bulletin. The FBI is concerned about money-laundering risks in private equity funds:
The U.S. Federal Bureau of Investigation believes firms in the nearly $10-trillion private investment funds industry are being used as vehicles for laundering money at scale, according to a leaked intelligence bulletin prepared by the agency in May.
"Threat actors" — including criminals in it for the money and foreign adversaries — "use the private placement of funds, including investments offered by hedge funds and private equity firms" to reintegrate dirty money into the legitimate global financial system, according to the bulletin.