57
May 30, 2024

Table of Contents Legitimate Sources Illegitimate Sources Do you want to know Terrorist Financing Examples are there? According to the International Centre for Counter Terrorism, slavery has become an important element for contributing the political, military and financial growth of one particular terrorist organization. Slavery in conjunction with human trafficking is indeed considered as one of the

Read More
Terrorist Financing Examples: How Do Terrorist Make Money?
58
May 30, 2024

Table of Contents Casinos Cash-Intensive Businesses  Car Dealerships Real Estate Non-financial businesses can be a good opportunity for criminals and money launderers as well, but, in comparison, require a different strategy or setup. Non-financial businesses are less often seen in the bigger money laundering cases, except some casinos, which can also be misused for laundering larger sums.

Read More
Money Laundering Using Non-Financial Business
59
May 30, 2024

Table of Contents Economic Consequences Business Consequences Social Consequences Consequences of Money laundering are detrimental to a country, although this is quite difficult to quantify. In fact, there are many negative risks and effects from money laundering, and governments are well-advised to take action against it to protect their economies, businesses, and societies. Economic Consequences First of

Read More
Consequences Of Money Laundering
61
May 30, 2024

Table of Contents Wire Transfers Private Banking Credit Cards Money Services Businesses Financial businesses are usually the ones who are most frequently misused for money laundering purposes.  Especially the larger money laundering cases almost always involve a financial business, usually a bank. But there are other types of financial businesses that might be misused for money laundering purposes. This

Read More
Money Laundering using Financial Businesses
68
May 30, 2024

Table of Contents The 1MDB Money Laundering Investigation Money Laundering Involving PEPs 1MDB And Corrupt Politicians Phase 1 – The “Aabar-BVI” phase Phase 2 – The “Good Star” phase Phase 3 – The “Tanore” Phase Identification Of Crimes Red Flags For Illicit Shell Companies: Red Flags For Jurisdictions That Are Imposing An Increased Risk Through

Read More
The 1MDB Money Laundering Scandal And Corrupt Politicians