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OnDoutside

(20,868 posts)

7. Back in the leadup to the introduction of the Euro in 2002,

Reply to mitch96 (Reply #2)

Thu Mar 30, 2017, 06:51 AM

Mar 2017

there was a massive rush to buy properties in Spain by Irish customers. They went over with suitcases full of Irish pounds, converted it to Spanish pesetas, and bought the property. Then after a year or two, sold it for little or no profit, but received the money in Euros !

The Russians are there now, buying up lots of properties !

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Highlight:

Manafort Bought New York Homes With Cash [View all] HAB911 Mar 2017 OP

Focus on Manafort, Stone, Flynn, & Page. HAB911 Mar 2017 #1

All-cash deals mitch96 Mar 2017 #2

Back in the leadup to the introduction of the Euro in 2002, OnDoutside Mar 2017 #7

Also bought properties from Donald Trump: kentuck Mar 2017 #3

At this point ProudLib72 Mar 2017 #4

Money laundering Johnny2X2X Mar 2017 #5

Money laundering mitch96 Mar 2017 #8

David Cay Johnston last night said they've been doing this a long time: Gabi Hayes Mar 2017 #9

Thinking no one would notice? Cha Mar 2017 #6