Money Laundering
Conceptual Development of Money Laundering
Introduction
Money laundering is an inevitable extension of organized crime and an essential aspect of any profit –generating criminal activity. Broadly stated the term...
Money Laundering
Stock Market Money Laundering Techniques
Stock market laundering is a popular mechanism among financial criminals. Launderers have often targeted the stock market. We've seen cases where people involved in...
Money Laundering
Textile firms in Money Laundering
The Directorate of Revenue Intelligence (DRI) is learnt to have unearthed a fraud involving at least half a dozen textile exporters who allegedly laundered...
Money Laundering
How GST is helping Money Laundering Activities
Just few days back the Goods and Services Tax (GST) was made live in hush. GST was termed as the most important reform of...
AML Certification
Career Path of a Certified Anti Money Laundering Expert
In 2017, Indiaforensic conducted a study involving over 1000 Certified Anti Money Laundering Experts (CAME) worldwide. The study focused on understanding the career path...
Money Laundering
The deep roots of shell companies in India
Problem of Shell companies is widespread.Identifying these companies have became a challenge for the enforcement and investigative agencies as they are used in the...
Know Your Customer
Heightened Risk Individuals – Politically Exposed Persons
Politically Exposed Persons (PEP)s are high risk customers for financial institutions. Due to their influence, many PEPs are in positions that potentially can be...
Know Your Customer
Dealing with customers from High Risk Countries
Globalisation is storming ahead and businesses are looking beyond their domestic surroundings. They have to expand beyond the domestic markets if they have to...