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AML Case studies / Reports

Case studies/ reports which can provide in-depth knowledge of this area. Updated regularly.

Moving the money As an example of how terrorists employ credit cards, Myers gives the hypothetical scenario of a terrorist cell in the European Union that wants to carry out an attack on U.S. soil. A credit card obtained in Europe is simply handed to the cell member who travels...
November 27 2017 Criminals have long been exploiting online marketplaces for money laundering purposes, and the latest service to reportedly fall prey to fraudsters is Airbnb. According to a Daily Beast report, Russian scammers are leveraging the service to launder dirty cash from stolen credit cards with the help of...
OCTOBER 30 2016 To catch the Colombian cartel’s money launderers, Robert Mazur and his colleagues started in the same way as many successful fraudsters: from the feet up. A reformed thug whom Mazur met at a bail hearing advised him to invest the US government’s funds in expensive shoes, to...
It looked like a bust of another nexus of drug traffickers and money launderers, with mainly small-time operatives paying the price for their crimes. One of the men was Julio Chaparro, a 48-year-old father of four who owned three factories that made children's clothing in Colombia. But to U.S. authorities the case was...
This Report examines how politically powerful foreign officials, their relatives, and close associates – referred to in international agreements as Politically Exposed Persons (PEPs) – have used the services of U.S. professionals and financial institutions to bring large amounts of suspect funds into the United States to advance their interests. Using four...
Background: In June 2010, the Mexican government announced regulations limiting deposits of U.S. cash in Mexican banks.1 Several months later, the Mexican government expanded the restrictions to include cash deposits made at exchange houses (casas de cambio) and brokerages (casas de bolsa). In 2011 and 2012, FinCEN issued two advisories...