Big Spike in Money Laundering Cases Handled by NL Courts: Reports

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Several efforts made to combat money laundering and terrorist financing have resulted in a big spike in the number of money laundering cases taken to courts. The number of money laundering cases that were taken to court last year increased to 1,499, and 997 of these cases had imposed sentences; a 22% increase compared to 2018. Experts in the field of money laundering and terrorist financing have attributed the rise to the height of attention given to the act; another factor is a change in money laundering that made proving the crime considerably easier.

Another expert, Cees Schaap also noted that a criminal can now be charged for money laundering even if he is caught shortly after the crime has been committed, which makes so many cases fall under money laundering crime.