money-launderers RSS

Is mobile money a haven for money launderers? There have been a number of developments in the international financial system in recent decades that have made finding, freezing and forfeiting income and assets derived from criminal activities more difficult. These are: The use of the US dollar in black market transactions The general trend towards [...]

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In the coming months, there are stong warnings that cybercrime and money laundering in online games – such as World of Warcraft – will be a growing concern. As regulators continue to implement more requirements and guidelines to ensure financial institutions squash felonious trading, criminals are seeking out alternatives ways to manoeuvre their illegal activity. [...]

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