Sportswashing: The New Money Laundering and Sanctions Avoidance Mechanism

Womble Perspectives

Womble Perspectives
Sportswashing: The New Money Laundering and Sanctions Avoidance Mechanism
Nov 02, 2023
Womble Bond Dickinson

In this episode, we delve into the shadowy intersection of international finance, crime, and sports, focusing on a phenomenon known as "sportswashing" - a mechanism whereby sports events and organizations are used as vehicles to legitimize illicit wealth and evade sanctions. Listen now to uncover how the beautiful game is sometimes manipulated for not-so-beautiful intentions.

Read the full article.

About the authors:
Howard W. Herndon
Robert A. Broadbent