https://global.handelsblatt.com/edition/354/ressort/finance/article/the-death-of-cash
When
Roberto Scarpinato, the mafia-hunting Italian magistrate, came to speak
at the German parliament in October 2012, you could hear a pin drop in
the committee rooms. He came to advise parliamentarians on how to reform
money-laundering laws.
“Our information shows clearly that, for
some years now, Germany has been one of the Mafia’s favorite places to
invest its money,” said Mr. Scarpinato.
One theory says the
country is a favorite money-laundering destination because Germans are
still so fond of using cash. In 2014, just 18.5 percent of payment
transactions in Germany were made with cards, less than any other E.U.
country and compared to more than 60 percent in Britain, according to
the European Central Bank.
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