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Home > Agent Oversight And Monitoring > How Covid-19 has changed money-laundering techniques
Jun19 - 20

How Covid-19 has changed money-laundering techniques

Covid-19 may be disrupting travel, but this doesn’t mean that criminals have been stopped from moving their illicit funds across borders. In fact, both short-term and long-term effects of Covid-19 could actually be helping – rather than hindering – how criminal enterprises use money laundering techniques.

In a world where moving illicit money is fraught with difficulty – where huge and frequent transfers of money across different territories is viewed as naturally suspicious – criminals are looking for more opaque and insidious ways to keep their activities going. And just like legitimate businesses, criminals need to keep the cash flowing even during a pandemic. Read the complete article HERE.

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