Gold and drugs likely focuses for Andean Community’s new regional security group

A high-level regional security group to combat transnational organised crime and reinforce border, immigration and customs surveillance has been established by La Communidad Andina (Andean Community). The four-member regional grouping of Bolivia, Colombia, Ecuador and Peru that promotes development through regional integration unanimously approved the…

Europol report focuses on TBML and examines contexts of financial and economic crime

A comprehensive report published by Europol describes how trade-based money laundering (TBML) is used alongside other money laundering typologies by professional money launderers that have established a parallel underground financial system to process transactions and payments away from surveillance mechanisms governing the legal financial system….