A Chinese-born U.K. citizen used brokers in Austria and Dubai to launder millions of pounds' worth of Bitcoin for her friend, a fugitive fraudster from China, after solid due diligence thwarted her attempts to buy real estate in Britain, prosecutors alleged Tuesday.
A real-estate broker in Dubai allegedly devised several schemes to help a Chinese expatriate living in Britain invest millions of pounds worth of illicit bitcoins offshore despite his full knowledge that she could not show that the funds came into her possession legitimately.