Money Structuring Examples : Structuring and smurfing
Money Structuring Examples : Structuring and smurfing. Also known as smurfing, structuring is when someone takes the total amount of dirty money and breaks it into smaller, less suspicious amounts. In times of need, you can also borrow money which is multiples of what you have invested. Money laundering and terrorist financing red flags the following are examples of potentially suspicious activities, or red flags for both money laundering and terrorist financing. They often purchase money orders or cashier's checks in order to avoid suspicion from the bank. Feb 03, 2015 · money laundering is not uncommon, but some money laundering cases have met the spotlight due to the severity of the act, or the amount of money involved in the crime.
It's typically more important to focus on what your product does and who it serves — leaving other details such as pricing for another time. Feb 03, 2015 · money laundering is not uncommon, but some money laundering cases have met the spotlight due to the severity of the act, or the amount of money involved in the crime. In times of need, you can also borrow money which is multiples of what you have invested. Financial data, collected from financial institutions by the financial crimes enforcement network under the bank secrecy act (bsa), has proven to be of considerable value in money laundering, terrorist financing and other financial crimes investigations by law enforcement. Ask not what your customer can do for you, but what you can do for your customer.
