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Well said Clacoste. By the time the Aust govt finds its willie...

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HarajukuIsland

3,140 Posts.

17/07/15

20:34

Post #: 15654028
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Originally posted by clacoste ↑

I know I've read that there is a limit on the amount of money Chinese can take out of the country...legally. Can't remember the exact amount - but it is far less than a house here. How do they get around it?....By their usual criminal craftiness. Mostly set up shell companies, or semi-real ones here, to generate bogus invoices, and pay those bogus invoices from their Chinese account...to their Australian account. Then siphon off the money, via some clever multi-layered accounting that our government has been too lazy to chase up. And that money is used for their real estate purchases. Then they fly down and spend the weekend standing around auctions.....Rinse and repeat.

In a decade our government may figure it all out and be able to thwart it...but I doubt it - they couldn't find their willies in the dark. And even if they do....there is always drug money, prostitution, gambling, and other venues for them to get the funds into the country. That's all happening now - but it can be scaled up....

And we signed an FTA with this grinning mafia...Proves we do have the stupidest government in the western world.

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Well said Clacoste. By the time the Aust govt finds its willie it will have sold off the whole country.

You might want to check this FB page out. Makes for some interesting reading. At least someone is taking a stand.

https://www.facebook.com/WakeUpFIRB?ref=hl
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