Financial crime trends guidance issued by accountants
The International Federation of Accountants (IFAC) and the Institute of Chartered Accountants in England and Wales (ICAEW) have produced an instalment on financial crime trends for their Anti-Money Laundering: The Basics educational series. It looks at the trends in criminal activity that underpin money laundering operations and provides…
Florida couple used TBML to channel human smuggling ring’s funds into the legitimate economy
A human trafficking operation based in Brazil allegedly made extensive use of trade-based money laundering (TBML) to filter millions of US dollars into the legitimate economy. A couple based in the US state of Florida who now face charges in relation to the case have…
