The Czech Republic is popular with money launderers due to laws requiring nearly indisputable evidence a crime was committed in generating the funds in question, say anti-corruption police, who estimate some Kč 100 billion worth of ill-gotten gains is washed clean here each year; with those legalized funds, criminal organizations then generate up to Kč 700 billion a year in profits. Meanwhile, since the new Money Laundering Act took effect, not one case has made it to court under its provisions.
