Tag Archives: suspicion

Money launder-gig

Posted on February 20, 2019 by

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 , , , , , , , , , | Leave a comment

Laundering and llamas

Posted on January 21, 2019 by

The last time I played a game on a screen was in about 1980, when my friend and I discovered the joys of Pong – that table-tennis-ish game with two bats (OK, white lines) that you moved up and down … Continue reading →

Posted in AML, Money laundering | Tagged , , , , , , , , , | 1 Comment

The award no-one wants

Posted on January 11, 2019 by

As you know, we are deep in awards season.  (Is anyone else baffled by the all-conquering success of “The Favourite”?  I like Olivia Colman as much as anyone, and the film is certainly entertaining and lovely to look at, but … Continue reading →

Posted in AML, Bribery and corruption, Money laundering | Tagged , , , , , , , , , , , , , , | Leave a comment

The ultimate in white collar crime

Posted on January 2, 2019 by

We’ll get back to serious stuff soon, I promise, but as we ease ourselves into the new working year I thought you might enjoy this irresistible offer I received over the festive break, from the Pope.  Yes, the man himself: … Continue reading →

Posted in AML, Money laundering | Tagged , , , , , , , | 4 Comments

Wimples and wagers

Posted on December 21, 2018 by

In recent AML training I have found myself talking more and more about the “CDD jigsaw”.  As with all jigsaws, the CDD version involves gathering lots of little bits of information – some of which might seem indecipherable or unrelated … Continue reading →

Posted in AML, Money laundering | Tagged , , , , , , , , | 2 Comments

Just do the math

Posted on December 17, 2018 by

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 →

Posted in Due diligence, Fraud, Money laundering, Organised crime | Tagged , , , , , , , , | 2 Comments

Something in the way she moves

Posted on November 23, 2018 by

A while ago I wrote about facial recognition software being used for client identification at ATMs and to apprehend scallywags out in public.  But of course technology does not stand still, and one of the shortcomings of facial recognition software … Continue reading →

Posted in AML, Due diligence | Tagged , , , , , , , | 2 Comments

Back to school for AML

Posted on November 9, 2018 by

British public schools have a lot to answer for – David Cameron, BoJo, Michael Gove, rugby – but to this list we can now add money laundering.  I don’t want to claim any glory (well, maybe just a bit) but … Continue reading →

Posted in AML, Legislation, Money laundering | Tagged , , , , , , , , , | 1 Comment

Debt and dishonour

Posted on October 26, 2018 by

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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The dawning of reality

Posted on October 17, 2018 by

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 , , , , , , , , , , | 2 Comments