Tag Archives: fraud

A family business

I think I have written before about crime – including money laundering – often being a family business.  There are many advantages: for instance, there is absolute loyalty (twice over: blood and business), and there is nothing suspicious about the … Continue reading

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Feeling the benefit

One of my very favourite things in my professional life is the concept of criminal benefit.  I like what this says about our attitude to crime and those who commit it.  Put very simply – and I am sure a … Continue reading

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Still selling their souls

In my spare time I think about financial crime, because I am the author of a series of historical financial crime novels set in London in the 1820s.  When I tried to interest publishers in the first in the series, … Continue reading

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Cat food, trains and money laundering

It’s amazing what public opinion can do – let’s just say George Galloway and cats, and leave it at that.  Today I was browsing a motley assortment of websites, buying cat food and train tickets, and something caught my eye: … Continue reading

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Ignorance is the worst defence

In Hong Kong recently, an Indonesian domestic worker who allowed a friend to use her bank account to deposit the proceeds from a loan-sharking business (which charged interest rates of 1,000%) was jailed for money laundering.  At her trial, Ms … Continue reading

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ID and me

I’ve just been on holiday to Italy, where – in common with many EU and other countries – it is compulsory to carry photographic ID at all times.  The only photo ID I have is my passport; my driving licence … Continue reading

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Thrill-seekers and risk-takers

In a recent post I talked about the work of Keith Vaz as the chairman of the Home Affairs Select Committee, which has been responsible – among many other things – for a review into the UK’s proceeds of crime … Continue reading

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The forgotten victims

Sometimes, what with all the law and policies and procedures, it is easy to forget that every money laundering or white collar crime case is about people.  Whether they are the perpetrators or the victims, the laundering or other crime … Continue reading

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No more honours, Your Honour

Financial crime is not only bad for your sense of honour – it is bad for your honours.  American financier Allen Stanford, you will recall, was sentenced to 110 years in prison for running a Ponzi scheme so massive and … Continue reading

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Washing on a star

I will admit that when it comes to reality TV – whether it’s talent shows or making people eat bugs in the jungle or watching the banal lives of young adults in Essex or Chelsea – I’m a non-starter.  My … Continue reading

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