Category Archives: White collar crime

Ethics girls and boys

Posted on September 30, 2020 by Susan Grossey author

With the recent headlines concerning Mr Trump’s tax arrangements and Mr Johnson’s awarding of government contracts to chums, you can imagine that the issue of morality has been much on my mind. I come from mixed stock: one half of … Continue reading →

Posted in AML, Uncategorized, White collar crime | Tagged AML, communication, due diligence, ethics, financial crime, fraud, money laundering, research, risk-based approach, suspicion, training | 4 Comments

Latest leak lessons

Posted on September 23, 2020 by Susan Grossey author

This is a tricky time to write a blog post, as everywhere is swirling with stories from the “FinCEN Files”. I have explored the leaks on the ICIJ website, read the reputable (and disreputable) press sources and watched the “Panorama” … Continue reading →

Posted in AML, Money laundering, White collar crime | Tagged AML, communication, corruption, due diligence, Economist, financial crime, government, legislation, MLRO, money laundering, organised crime, Panorama, PEP, proceeds of crime, research, SARs, suspicion, suspicious activity report, white collar crime | 4 Comments

Osh Ghosh begone

Posted on September 2, 2020 by Susan Grossey author

I have had no legal training, but on the plus side I have a high boredom threshold and I love reading – both of which are, I believe, essential for lawyers. This means that I can generally work my way … Continue reading →

Posted in Legislation, White collar crime | Tagged dishonesty, due diligence, financial crime, Ghosh, government, honesty, legislation, organised crime, proceeds of crime, training, white collar crime | 5 Comments

More Bloody Embezzlement?

Posted on March 4, 2020 by Susan Grossey author

Just like police officers, customs officers and passport officers, MLROs find themselves doing a certain amount of profiling when it comes to looking for high risk clients. We know about certain high risk occupations and high risk nationalities and even … Continue reading →

Posted in Bribery and corruption, Money laundering, White collar crime | Tagged AML, charities, due diligence, financial crime, money laundering, proceeds of crime, risk, risk assessment, suspicion, white collar crime | 4 Comments

I beg your pardon

Posted on February 26, 2020 by Susan Grossey author

Baron Black of Crossharbour is not my favourite person, as you may imagine, and it was a dark day in May 2019 when Donald Trump granted him a full pardon, citing Black’s “broad support from many high-profile individuals who have … Continue reading →

Posted in Bribery and corruption, White collar crime | Tagged bribery, corruption, Donald Trump, FBI, financial crime, fraud, government, money laundering, PEP, proceeds of crime, tax evasion, white collar crime | 5 Comments

Los Pinos of Sherwood Forest

Posted on May 29, 2019 by Susan Grossey author

Robin Hood, Robin Hood, riding through the glen – I bet you’re all humming now. And even though historians have suggested that our Robin was not quite the champion of the poor we choose to believe, the legend persists – … Continue reading →

Posted in Bribery and corruption, Money laundering, White collar crime | Tagged AML, asset forfeiture, corruption, financial crime, government, Mexico, money laundering, organised crime, PEP, proceeds of crime, white collar crime | 3 Comments

The dawning of reality

Posted on October 17, 2018 by Susan Grossey author

When I read this story, I had to check the date and make sure that it wasn’t April Fools’ Day, but no, it seems that it’s on the level. A large Irish law firm called Matheson has launched a phone … Continue reading →

Posted in AML, Money laundering, White collar crime | Tagged AML, communication, due diligence, financial crime, Ireland, Matheson, money laundering, organised crime, proceeds of crime, suspicion, white collar crime | 2 Comments

The conviction that keeps on giving

Posted on October 3, 2018 by Susan Grossey author

It’s an old joke – “I’ve been married for twenty years; you get less for murder” – but in the UK, at least, that’s true. According to reputable research, the average sentence for a murderer in the UK is sixteen … Continue reading →

Posted in AML, Money laundering, White collar crime | Tagged AML, due diligence, financial crime, fraud, money laundering, organised crime, prison, proceeds of crime, visa, white collar crime | 10 Comments

You say potato, I say prison

Posted on August 13, 2018 by Susan Grossey author

It’s becoming something of theme, isn’t it – professional enablers? I’ve certainly blogged about it before, as in this post. And just last month the Financial Action Task Force released their own report into the phenomenon, entitled “Professional Money Laundering”. … Continue reading →

Posted in AML, Bribery and corruption, Money laundering, White collar crime | Tagged AML, corruption, financial crime, fraud, money laundering, proceeds of crime, professional enabler, tax evasion, white collar crime | Leave a comment

A (rotting) rose by any other name

Posted on December 14, 2015 by Susan Grossey author

You’ve all heard me gripe about tax evasion – about how people seem to be able to perform all sorts of mental and financial gymnastics in order to convince themselves that it’s not really a crime, not like drug trafficking … Continue reading →