Category Archives: Fraud

Happy holidays!

Posted on August 19, 2020 by Susan Grossey author

Well hello everyone – I’m back. And while I was away on my hols, I did wonder whether taking time off in the summer was the responsible thing to do. As long ago as 1831, astronomer and statistician Adolphe Quetelet … Continue reading →

Posted in AML, Fraud, Money laundering, Organised crime | Tagged AML, due diligence, financial crime, fraud, money laundering, organised crime, risk-based approach, white collar crime | Leave a comment

A most tempting offer

Posted on June 10, 2020 by Susan Grossey author

The name of my company is the result of a family joke: my father observed one day that I was always thinking about crime. I wasn’t sure I’d be allowed to have the name but I was, and it’s memorable … Continue reading →

Posted in AML, Due diligence, Fraud, Money laundering | Tagged AML, disclosure, due diligence, financial crime, fraud, money laundering, proceeds of crime, research, suspicion, Thinking about Crime Limited, white collar crime | 5 Comments

Keep washing that money

Posted on April 22, 2020 by Susan Grossey author

This blog – much like its author – veers wildly between buoyancy and doom, and this week it’s the latter. Sorry about that. And it’s about the pestilence. Sorry about that too. But there’s no lock-down for criminality and I … Continue reading →

Posted in AML, Due diligence, Fraud, Money laundering, Organised crime | Tagged AML, corruption, due diligence, FBI, financial crime, fraud, mafia, money laundering, organised crime, proceeds of crime, white collar crime | 3 Comments

The topic will be sin and that’s what I’m ag’in

Posted on April 15, 2020 by Susan Grossey author

At the beginning of April 2020 the UK’s National Crime Agency published its “National Strategic Assessment of Serious and Organised Crime 2020”. Of course, much of this report looks at the damage being done by criminals but – as instructed … Continue reading →

Posted in Fraud, Money laundering | Tagged asset forfeiture, financial crime, fraud, money laundering, National Crime Agency, NCA, proceeds of crime, suspicion, white collar crime | 2 Comments

Free download of financial crime novel

Posted on March 29, 2020 by Susan Grossey author

Some of you may know that my obsession with financial crime spreads into my personal life, and that my hobby is writing historical financial crime novels. My first series is narrated by a magistrates’ constable in London in the 1820s, … Continue reading →

Posted in Fraud, Money laundering, Publications, Uncategorized | Tagged Amazon, banking, Fatal Forgery, fraud, money laundering | 6 Comments

Planes and pandemics

Posted on March 18, 2020 by Susan Grossey author

One of the challenges of AML work is keeping up with the endless adaptability and imagination of criminals. Unshackled by moral considerations, or by the need to report to risk committees or by the requirement to comply with legislation (quite … Continue reading →

Posted in Fraud, Money laundering, Organised crime | Tagged AML, due diligence, financial crime, fraud, government, money laundering, money mule, organised crime, phishing, proceeds of crime, risk-based approach, suspicion | 4 Comments

From little acorns

Posted on September 18, 2019 by Susan Grossey author

Apologies for the confusion at the start of my blog post on 4 September: I was not back at all, but actually watching elephants swimming in Botswana. I wrote a couple of posts in advance, to cover my absence, and … Continue reading →

Posted in AML, Fraud, Money laundering | Tagged AML, due diligence, financial crime, money laundering, proceeds of crime, suspicion, training | Leave a comment

Words speaking louder than actions

Posted on August 28, 2019 by Susan Grossey author

Now I know it’s important to Think Big – to have goals and targets and ambition. But you can take it too far. And I rather think that in their recent “Economic Crime Plan 2019-2022” the joint forces of HMG … Continue reading →

Posted in AML, Fraud, Money laundering, Organised crime, Publications | Tagged AML, corruption, due diligence, economic crime, financial crime, government, legislation, money laundering, organised crime, proceeds of crime, publications, UK Finance, white collar crime | Leave a comment

Money launder-gig

Posted on February 20, 2019 by Susan Grossey author

I’m always surprised – although I try not to show it – when people ask me how money laundering actually works, as there is an almost infinite number of ways in which criminals can move their money around. Invent a … Continue reading →

Posted in Fraud, Money laundering, Organised crime | Tagged Airbnb, due diligence, financial crime, fraud, gig economy, money laundering, organised crime, proceeds of crime, suspicion, Uber | Leave a comment

Just do the math

Posted on December 17, 2018 by Susan Grossey author

I am currently reading “How Not to Be Wrong” by American mathematician Jordan Ellenberg. Not that I am wrong very often, of course, but it pays to protect one’s elevated position. In truth, I scraped by in my maths A-level, … Continue reading →