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Robert Kiyosaki sounds alarm on ‘fake money’ and long-term inflation

Amid his repeated warnings about a potentially devastating economic crisis, popular investor and finance author Robert Kiyosaki has sounded alarm on, as he called it, “fake money ” controlled by “Marxists” in the American government, as well as the lengthy inflation at the country’s doorstep. Indeed, Kiyosaki voiced his opinion that the current United States President, Joe Biden, had “caused inflation to rise, making life harder for the poor and middle class” after cutting the Keystone XL pipeline, which “caused the price of oil to rise from $30 to $130 in just one week,” per his X post on June 9. Inflation taking hold Furthermore, the author of the best-selling personal finance book ‘Rich Dad Poor Dad’ warned that “inflation will be with us for years” despite his belief that Biden will not win the presidential elections, as he argued that the “liberal academic ‘swamp’ that brought the Biden crime family to power… are still in power.” ...

Scottish land deal linked to bitcoin scam was 'plain money laundering'

A multi-billion dollar bitcoin laundering case has reportedly revealed how estate agents in Dubai attempted to launder funds via the sale of Scottish land in a ‘starkly fraudulent’ scheme.  Former takeaway worker Jian Wen was convicted last week of launder ing billions of dollars worth of bitcoin on behalf of fugitive Chinese fraudster, Zhimin Qian. As reported by the Financial Times, during her prosecution, messages between Wen and Dubai-based estate agent Michael James Burke revealed a possible property deal in Scotland that would supposedly offer ‘ a 100% return on paper .’ Burke told Wen that he has “played with the valuation and the purchase price,” of his Scottish land to ensure a lucrative return. He said they accept cash or bitcoin before offering buyers a loan that can make “100% profit over two years.”  Scottish bitcoin scheme was ‘starkly fraudulent’ Prosecutor Gillian Jones claimed during Wen’s proceedings that Burke’s offerings were “ another ...

Singapore Police report higher total involved in money laundering case

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The Singapore Police Force is planning to take further action in response to the largest money laundering case in the country. Currently, cryptocurrencies valued at $26 million have already been seized in relation to the case. Major seizures It was reported in August that Singaporean authorities apprehended 10 foreign individuals, between the ages of 31 and 44, all of whom were holding Chinese passports. A new report from local media added the sum implicated in Singapore’s most extensive domestic money laundering investigation is now estimated to be $1.76 billion. In response, the official statement confirmed their intention to escalate their efforts regarding the case, which focuses on foreign nationals orchestrating illicit activities, including fraud and online gambling overseas, and subsequently laundering the ill-gotten gains. You might also like: Singapore police seize $735m in money laundering crackdown The new total in confiscated assets now to...