“You get to a point where it gets very complex, where you have money laundering activities, drug related activities, and terrorist support activities converging at certain points and becoming one.” Sibel Edmonds In our previous article The Intensifying Fight Against Money Laundering and Terrorist Financing (Part 1), we deep dived …
“The only way to stop the flow of this dirty money is to get tough on the bankers who help mask and transfer it around the world. Banks themselves don’t launder money, after all: people do.” Robert Mazur, former federal agent who worked as an undercover money launderer In recent …
And, as if it wasn’t enough, there is also the menace of fraud. “When the cat’s away, the mice are at play.” You know the saying, don’t you? But for it to represent more accurately the reality we’re facing in the COVID-19 crisis, a slight modification is needed: “When the …
Let’s talk about money laundering, baby. We bet that got your attention. But being connected to money laundering in any way is not the kind of attention that individuals, businesses and— arguably more importantly — financial centres like Luxembourg want. At all. There was a funny post on social media …
