5 creative ways Indians are laundering money during currency crisis

NEW DELHI — India’s monetary system was thrown into a crisis Nov. 8 when the government unexpectedly scrapped its high-value rupee notes for new bills as a way to target millions of tax evaders and their presumed stashes of “black money,” which is income not reported to the government. About a quarter of India’s gross […]

Source: http://www.washingtonpost.com/blogs/worldviews/wp/2016/11/25/5-creative-ways-indians-are-laundering-money-during-currency-crisis/