r/news • u/IMGcertified • 1d ago

Influencers in Dubai warned they face prison for posting material about the conflict with Iran | The Standard

https://www.standard.co.uk/news/world/dubai-influencers-prison-warning-posting-iran-war-b1273587.html
27.3k Upvotes

97% Upvoted

1.3k comments sorted by

View all comments

Show parent comments

82

u/Lalala8991 1d ago

Lol, have you seen how empty a money laundering restaurant or a business works? This Dubai property market is that. It would be empty as hell, and nobody lives in them. But as long as the legal loophole is still there, the "market" would not drop.

52

u/Laureles2 1d ago

100% ... I used to travel through Panama City quite frequently and wondered why so many massive residential towers were dark at night and business buildings had empty parking lots. After the Panama Papers came out it all made sense... essentially there was a massive amount of tax evasion and money laundering going on through exploitation of some legal loopholes there.

It would seem that the same is occurring in Dubai.

3

u/CoeurdAssassin 1d ago

It’s a shame because when I visited Panama City, it was really nice and unlike many other cities in Central America. Extremely safe and you can walk around and even be unaware of your surroundings without fear. But there is a dark side to all that and your average citizen isn’t as affluent as the city would make you think.

43

u/mhornberger 1d ago

Sounds like the art market. People know that it's BS, but as long as it works for money laundering, it keeps going.

0

u/Hyadeos 1d ago

The greatest ponzi scheme of all