Tag Archives: white collar crime

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

Friends in low places

Posted on July 15, 2020 by Susan Grossey author

For my sins, I start every working day with a trawl of the latest money laundering stories. As I scan them, I am doing mental triage: Really significant developments go onto the Newsroom page of my website Those, and other … Continue reading →

Posted in AML, Money laundering | Tagged adverse media, AML, due diligence, financial crime, MLRO, money laundering, proceeds of crime, reputation, risk-based approach, suspicion, white collar crime | 2 Comments

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

Leak technique

Posted on May 27, 2020 by Susan Grossey author

I’ve been doing some remote training recently for a new MLRO, which has been great fun: we’ve covered all the essential and then plenty of those fun, tangential topics that concern MLROs – including beneficial ownership and (our topic for … Continue reading →

Posted in AML, Due diligence, Money laundering | Tagged AML, disclosure, due diligence, financial crime, ICIJ, International Consortium of Investigative Journalists, money laundering, Offshore Leaks Database, organised crime, Panama Papers, Paradise Papers, PEP, proceeds of crime, research, risk-based approach, tax evasion, white collar crime | Leave a comment

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

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

Free for all

Posted on February 19, 2020 by Susan Grossey author

Just as Voldemort’s name cannot be used for fear of conjuring him up, so too we have declared a taboo in our house on the B word (the one to do with the EU) and on the name of the … Continue reading →

Posted in AML, Bribery and corruption, Money laundering, Organised crime, Supervision, Tax | Tagged AML, Brexit, corruption, due diligence, financial crime, freeport, legislation, money laundering, organised crime, proceeds of crime, risk assessment, tax evasion, white collar crime | 6 Comments

Regrets, he’s had a few

Posted on February 12, 2020 by Susan Grossey author

Here in the UK – and I am sure that many countries will have something similar – we have an organisation called the Restorative Justice Council. The purpose of restorative justice, as explained on the RJC’s website, is “[to bring] … Continue reading →