Pope Francis I is following through on his promise of reform within the Vatican. A web of intrigue involving private planes, burn cell phones, powerful families, money laundering, and tax evasion is as thrilling as fiction. Continue reading Facts Follow Fiction: Money Laundering and Tax Evasion
Those who believe we don’t need smart and effective crime-stopping financial regulation have only to look at the smallest independent city-state in the world, Vatican City. The tiny oligarchy is surrounded by Italy and ruled by the Pope. It also has its own bank. If you can’t trust the Vatican Bank, whom can you trust? The answer is no one. At least not without proper controls and consequences for wrongdoing in this lifetime. Continue reading If You Can’t Trust the Vatican Bank, Whom Can You Trust?