Global Financial Integrity

 

Press

New Report from GFI Examines Illicit Financial Flows in Colombia, Finds Revenue Losses of US$2.8 Billion in 2016.

FOR IMMEDIATE RELEASE October 1, 2019 WASHINGTON, D.C. — In collaboration with the Economist Intelligence Unit (EIU) and Colombian NGO Cedetrabajo, Global Financial Integrity (GFI) publishes a new report, “Illicit Financial Flows & Colombia.” GFI estimates the...

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Bipartisan Bill to Combat Anonymous Companies Introduced by Eight Key Senators

FOR IMMEDIATE RELEASE September 26, 2019 Bipartisan Bill to Combat Anonymous Companies Introduced by Eight Key Senators Statement by Global Financial Integrity WASHINGTON, D.C. — Introduced Thursday by a bipartisan group of eight US senators, the Improving Laundering...

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GFI: Egypt lost estimated $1.6 billion to trade misinvoicing in 2016

Washington, DC –In a comprehensive study on the level of trade misinvoicing in Egypt in 2016, GFI found that the estimated potential tax revenue losses to the Egyptian government that year is approximately US$1.6 billion, equivalent to...

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GFI: Indonesia lost estimated US$6.5 billion to trade misinvoicing in 2016.

Washington, DC –In a comprehensive new study on the level of trade misinvoicing in Indonesia in 2016, GFI found that the estimated potential tax revenue losses to the Indonesian government that year is approximately US$6.5 billion, equivalent...

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GFI: India lost estimated US$13 billion to trade misinvoicing in 2016.

Washington, DC – In a comprehensive study on the level of trade misinvoicing in India in 2016, GFI found that the estimated potential tax revenue losses to the Indian government that year is US$13.0 billion, equivalent to 5.5...

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GFI Joins 126 Groups In Support of the Corporate Transparency Act of 2019

Joint Letter from 127 Groups Supporting Corporate Transparency Act of 2019 (H.R. 2513) The Honorable Carolyn B. Maloney United States House of Representatives 2308 Rayburn House Office Building Washington, D.C. 20515 The Honorable Peter T. King United...

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Tom Cardamone: President and Chief Executive Officer

Washington, DC– Tom Cardamone, with the recommendation of Raymond Baker and the unanimous approval of the Board of Directors, becomes President and Chief Executive Officer of Global Financial Integrity (GFI) with effect from May 1, 2019. Directors...

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Report Demonstrates Ease of Establishing Anonymous Shell Companies

Using data gleaned from state corporation formation agencies, a new report shows the scant amount of information required to establish an anonymous shell company in the United States.

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