Tag Archives: money laundering

Debt and dishonour

One* of the best things about writing this blog is that lots of lovely readers send me great stories.  David in London (I’m using only his first name out of deference to his security background, but with that security training … Continue reading

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A stain on the ivory towers

Money laundering through the property sector in the UK is not a new story – goodness, if you live in London and you don’t have at least three dodgy foreign PEPs in your local Neighbourhood Watch scheme, you’ll be feeling … Continue reading

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The dawning of reality

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

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Brains as well as brawn

Maybe it’s because it sounds like complaint, but I often encounter the assumption that people who work in compliance are dreary, dull fellows, nit-picking and carping for a living, finding fault in other people’s work and lives, and generally being … Continue reading

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The devil in the detail

I had an interesting phone call with a compliance officer the other day – she will recognise herself in this description.  We were talking about a possible suspicion, and I was impressed by both her attention to detail and her … Continue reading

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The conviction that keeps on giving

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

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The bank of äiti ja isä

I have written before about money laundering staying in the family but it is usually only the adults who are involved.  A recent Finnish case has trodden new ground, with the conviction of a young man – sixteen at the … Continue reading

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Is that wig made of wool or wolf?

A phrase I use quite often in training is, “You’d think so, wouldn’t you?”.  As in, “If the payment is coming to us from another regulated bank, won’t they have done all the checks?”  Or, “Given that CDD checks have … Continue reading

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Money launder-bling

Working in Guernsey this week, I was talking to a client about the concept of the High Value Dealer (under local legislation, those who “[trade] in goods where there is received… a payment or payments in cash of at least … Continue reading

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White collar crime

I’m back from my hols and – as promised – I did not succumb to the flattering blandishments of Karen Pierce, UN Officer, but rather immersed myself in history and gelato in Naples and then on the island of Ischia.  … Continue reading

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