Close

Typologies

  • Home
  •  / 
  • Typologies

TF, Tax Evasion and Money Laundering

  TF, Tax Evasion and Money Laundering FMU received a Suspicious Transaction Report (STR) from ABC Bank against Mr. Sun who was doing Marble Business…

Use of False Identification

Use of False Identification The suspect ‘JKL’ opened an account at the branch of Bank ‘X’. At the time of account opening the information provided…

Structuring of Funds

Structuring of Funds A set of accounts were reported to FMU wherein the individuals were connected by way of employment in a company ‘B’. Company…

Co-Mingling of Funds

Co-Mingling of Funds It was reported to FMU that large volumes of credits were made in the account of person ‘X’. The funds were then…

Laundering from Tax Offences

Laundering from Tax Offences The proprietorship accounts of IK and SA were opened in a tax exempted region and transactions in their accounts were conducted…

Use of Internet for Money Laundering

Use of Internet for Money Laundering The accounts of individuals suspected to have links with individuals running an international cyber-crime racket were reported. Moreover, upon…