Lebanon Opportunities

Money heisted

usinesses, as well as ordinary citizens, are resorting to ingenious and often intricate ways to bypass the de facto capital controls preventing them from using their own funds deposited in bank accounts. Deals are performed at a premium, currently ranging between 20 and 30 percent. They could be concluded peer-to-peer, if the two parties to the potential transaction enjoy mutual trust ensured either by a previous friendship or a mutual friend with solid bona fides. These convoluted transactions are sometimes carried out through intermediaries who identify two unacquainted parties, and ensure that the exchange is successfully completed. These go-betweens have sharp business acumen and the ability to spot the complementary needs of two parties in a potential deal. The premium is split between the party offering a service and the middleman. The deals aim

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