# Report Launch: Transparency International shows luxury goods dealers cash in on corrupt customers URL: https://www.transparency.org/en/press/report-launch-transparency-international-shows-luxury-goods-dealers-cash-in Type: Press release Published: 2017-03-30 Updated: 2020-04-07 --- 30 March 2017 **New report shows urgent action needed to keep corrupt cash out of luxury goods market** In time for the first anniversary of the release of the Panama Papers, Transparency International will publish on 3 April a report exposing how luxury goods dealers rarely perform adequate due diligence, allowing corrupt customers to spend their stolen wealth on luxury goods with few, if any, questions asked. In ***Tainted treasures: Money laundering risks in luxury markets*** Transparency International analyses the legislative and enforcement gaps which allow large-scale money laundering to occur in the luxury goods sector. It finds widespread risks of money being laundered, and limited measures in place to address those risks. **Tainted treasures: Money laundering risks in luxury markets** 3 April 2017 00:01 am Berlin time Available online at [http://www.transparency.org](http://www.transparency.org/) **Embargo copies** of the report and press release are available on request from *.* **For any press enquiries please contact** **Chris Sanders** T: +49 30 34 38 20 666 E: press@transparency.org