Trusted Money Brokers

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Trusted Money Brokers

In a Financial Times article on the 15th of April, an interesting, albeit illegal, trust network was explained.

In short, what people in Iran have to do to move large sums of money in and out of the country in the face of an increasing economic clamp down from the US, is to make use of a centuries-old method known as havalah.

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In a Financial Times article on the 15th of April, an interesting, albeit illegal, trust network was explained.

In short, what people in Iran have to do to move large sums of money in and out of the country in the face of an increasing economic clamp down from the US, is to make use of a centuries-old method known as havalah.

By |May 5th, 2008|Categories: Social Computing|Tags: |0 Comments

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