“Most of the time the Yakuza launder money using tried-and-true methods. For example, they wash hundreds of millions of dollars annually through Tokyo real estate, buying amd selling the same buildings to themselves. This artificially runs up prices. The Yakuza then back loans on these buildings with U.S. treasury bonds bought in the freewheeling, unregulated … Continue reading
Tag Archives: Yakuza
Yakuza – Part II (Money Laundering)
“When the Yakuza first went international, they relied almost entirely on banks to launder their money. At the beginning of the 1970s, however, the Yakuza discovered the stock market. With the help of Malaysian Chinese gangs, they opened brokerage accounts in Malaysia and Singapore. As their business grew, they moved quickly into Hong Kong, Australia, … Continue reading
Yakuza
“At least fifty major real estate properties in Hawaii are owned by the Yakuza. Hundreds of millions of dollars of Yakuza money has been poured into hotels and golf courses around the United States. Many of the private Japanese gambling clubs that dot Midtown Manhattan are also believed to be backed by Yakuza groups.” Continue reading
The Velvet Rocket 