It’s not every day that my hobbies and work collide, but it does here. Watches are a luxury commodity that’s virtually unregulated and highly portable, and this article of the Watches of Espionage Dispatch perfectly summarizes how that allows for bad actors to use them to fund terrorism and crime across the globe by using them as representative currency.
Watches as Tools of Money Laundering and Illicit Finance
Luxury timepieces are one of the most effective mediums to move illicit funds around the globe and a tool to integrate those ill-gotten gains into the financial system. Transnational criminal networks, terrorists, narcotraffickers and corrupt politicians have used watches to launder money as a part of global illicit f
watchesofespionage.com