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 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 It was reported to FMU that large volumes of credits were made in the account of person ‘X’. The funds were then…
Use of Nominees / Trustees / Family Member’s Accounts As per news report, a Person ‘A’ allegedly involved in criminal activities and most notably in…
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 The accounts of individuals suspected to have links with individuals running an international cyber-crime racket were reported. Moreover, upon…
Alternate Remittance Service / Hawala/ Hundi Case-I The case involves transfer of funds via cheques from and to the inter-connected accounts maintained in the…
Fraudulent Declaration/Capital Flight/Tax Evasion Background of the Case Suspects were involved in unauthorized capital flight and tax evasion by setting up off-shore companies. Modus…
Money Laundering from Corruption Offence Case-I During a bank’s ongoing review of an account holder, who declared himself as a landlord, was noticed to have…
Transactional Pattern used to inflate account statement for Visa Purpose A number of suspicious transactions were reported to FMU wherein similar nature of transaction activity…