Countries in Manafort indictment known to laundering experts

NEW YORK — The three countries named in the indictment of former Trump Campaign Chairman Paul Manafort span three separate continents but all have something in common: They’re island nations with a legacy of relatively lax oversight of offshore entities and a known history of being a conduit for suspicious money.

Special counsel Robert Mueller has accused Manafort and his business partner Rick Gates of using shell corporations located in the three countries — Cyprus, the Seychelles, and Saint Vincent and the Grenadines — as a way to hide assets and keep from paying taxes.

“They don’t ask questions about what their banks know about their customers, which is a basic requirement to stop money laundering,” said Ted Truman, a fellow at the Peterson Institution for International Economics and an expert on money laundering.

The Mediterranean island country of Cyprus plays an outsized

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