Dentist Who Ditched Cavities Admits to Offshore Laundering

  • Belize-based incorporator pleads guilty to conspiracy charge
  • One-time Canadian dentist turned dealmaker faces 20 years

A former dentist who ran an incorporation services firm in Belize pleaded guilty to conspiring to launder $250 million in proceeds from securities fraud, marking the biggest conviction yet in a new wave of investigations into businesses that help hide money offshore.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.