The individuals who benefit from financial secrecy often seek direct political influence, and this too makes them hard to block. Ihor Kolomoisky, the Ukrainian oligarch who hid his money in property schemes all over the American Midwest, reportedly sought to preserve his empire by angling for influence in the Trump administration, including by offering the president “dirt” on Joe and Hunter Biden, some of which was passed to Donald Trump’s personal lawyer, Rudy Giuliani.
