Recent AML fines
aml case studies
October 24 2018 The AUSTRAC annual report 2017-18 is now available. It highlights some significant and record achievements for the agency during the 2017-18 financial year. AUSTRAC continued...
What is popular
The most direct way to hide dirty money is make small withdrawals and deposits from the bank. The method is referred to as “structuring” or “smurfing.” All banks are required to report transactions involving amounts over $10,000 to the Financial Crimes Enforcement Network( FinCEN), so criminals usually split their dirty...