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by avidiax 866 days ago
The article doesn't seem to suggest that the mortgage holders are actually straw purchasers, but the facts seem to suggest this is at least sometimes true. How can a hairdresser service several mortgages without "income" from China?
1 comments

> The article doesn't seem to suggest that the mortgage holders are actually straw purchasers, but the facts seem to suggest this is at least sometimes true. How can a hairdresser service several mortgages without "income" from China?

The article explicitly says that the purpose is laundering via professional operators -- see the flowchart diagram toward the bottom of the piece.