What to do if you’ve been accused of a white collar crime? Flee to a foreign country! That’s the tactic of choice for many on Forbes’ list of the 10 most-wanted white-collar criminals:
Forbes: [A] new breed of financial fugitives is on the run, epitomized by Jacob “Kobi” Alexander, the stock scammer who is currently living well in Namibia. Many white-collar fugitives, like Russian Boris Berezovsky, are controversial because the charges against them are believed by some to be driven more by politics than anything else. Either way, financial fugitives can live free and prosper if they are smart, like Ghaith Pharaon, the wealthy Saudi wanted by the FBI for 17 years…
The members of our list of white-collar fugitives have followed different paths. Chinese financial fugitives have made a bee-line for Canada, taking advantage of liberal entry rules and refugee laws. Lai Changxing is wanted in China for allegedly masterminding a $6 billion fraud, while Chinese banker Gao Shan is on the hook for allegedly embezzling $150 million. Both men are living relatively unencumbered lives in the Vancouver area.
London also seems to be a destination of choice; it’s currently home to Berezovsky and former Thai prime minister Thaksin Shinawatra, who recently fled to avoid accusations of financial crimes back home. American telemarketing scammer James Eberhart is just sailing round the world in his boat.
Forbes.com has the full list.
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