- Foreign exchange Black money hoarders have converted crores of demonetised notes into forex. Dollars are the most sought after currency. A dollar costs around Rs 120-140 in old demonetised notes. Even some diplomats are involved in this laundering process.
- Hawala There are reports of people sending their black money abroad through hawala dealers, who are again charging a high premium to park it in foreign currency in Dubai, Singapore and Malaysia.
- Bullion The easiest way to launder money. Many have heavily invested their dirty money in buying bullion, jewellery and diamonds, which wont attract tax.
- Real Estate Though there is no investment coming into this sector, some small time developers have doubled up as launderers offering their banking networks and influence to convert black money.
- Politicos There are many dealers—including small-time politicians —who are changing old notes by charging a huge...
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