What’s the Difference Between Money Laundering and Tax Evasion?
The terms money laundering and tax evasion consistently confuse people regarding their differences or similarities. The two illegal practices share the purpose of concealing financial data yet operate under different principles. These offences undermine the tax system’s integrity while robbing the government of money, which can be used for criminal activities like drug trafficking and […]
Unravelling the Distinction Between Fraud vs Money Laundering
The intersection between money laundering and fraud activities creates joint responsibilities for anti-fraud and AML professionals in regulatory and criminal settings. Both departments follow unique operational routes based on their distinct objectives but share substantial functional connections. So, in this guide, we’ll unravel the distinction between fraud vs money laundering and anti-fraud measures for stronger […]
How Does Money Laundering Through Real Estate Work?
Criminals use real estate transactions to convert illegal money into property assets. Thus, understanding the real estate money laundering framework enables law enforcement, financial institutions, and property professionals to identify suspicious transactions. In this article, we’ll discuss money laundering through real estate alongside warning signs that help financial institutions fight against potential money laundering activities. […]
