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Trillion-Dollar Gold Industry Accused of Laundering Illegal Gold

Original: A Trillion-Dollar Industry Launders Illegal Gold

The New York Times reports that the global gold industry, worth an estimated trillion dollars, is being used to launder illegally mined gold, with Madagascar cited as a case study in how dirty gold is cleaned up and passed off as legitimate. The investigation points to cover-ups within the supply chain linking small-scale illegal mining to international markets.

Why now: A major investigative report has just exposed how illegally mined gold enters the legitimate global supply chain.

The New York TimesMadagascarglobal gold industry

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