money laundering

Money laundering is the illegal process of concealing the origins of money obtained illegally by passing it through a complex sequence of banking transfers or commercial transactions.

Source: en.wikipedia.org

Need Money Laundered? Try A Real Estate Lawyer
Need Money Laundered? Try A Real Estate Lawyer
February 01, 2016  |  Regulation

Anti-money laundering activist group Global Witness has recently released a report that indicates that a surprising number of New York real estate lawyers are making a nice little...

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Is Trade-Based Money Laundering Growing?
Is Trade-Based Money Laundering Growing?
January 04, 2016  |  International

The growth in world trade and financial technology has carried with it the specter of trade-based money laundering. The topic has been hot enough to...

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New Rules Loom Over Illicit And Terrorist Financing
New Rules Loom Over Illicit And Terrorist Financing
December 02, 2015  |  News

In a step to codify and certify the fight against terrorism – specifically efforts to block funding steered to terrorists and money laundering activities –...

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The $4M ‘Reverse ATM Attack’ Heist
The $4M ‘Reverse ATM Attack’ Heist
November 24, 2015  |  News

Russian hackers ripped off a whopping $3.8 million (252 million rubles) from five banks using a technique called a “reverse ATM attack,” according to information obtained...

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Wanna Launder Money In The UK? Try Luxury Goods
Wanna Launder Money In The UK? Try Luxury Goods
November 23, 2015  |  News

What do sports cars, art, boats, antiques and jewels have in common — other than all being the things Gwyneth Paltrow doubtlessly casually bought over the...

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China Shuts Down $64B Illegal Transaction Operation
China Shuts Down $64B Illegal Transaction Operation
November 23, 2015  |  International

Late last week China confirmed it cracked down on an “underground bank” that was responsible for moving nearly 410 billion yuan ($64 billion) in illegal...

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