That’s because it gets laundered here so much. Get it?
Over 100 billion euros gets processed here every year. They even call it Geldwäsche (money washing). That sounds a lot more, I dunno, cleaner than laundering does, don’t you think?
Germany is considered an El Dorado for criminals who want to launder their money, a study for the Finance Ministry has found.
Money laundering deals that take place outside of the finance sector go largely undetected in Germany – meaning a large proportion of all illegal business is never found, the report claims.
So like why go to the trouble of opening some fake offshore company in Panama?
Nur Bares ist Wahres?