In this video, I provide an indepth overview of tradebased money laundering techniques as highlighted by the FATF in their 2006 guidance on TBML risks. In PART 1, I delve into basic tradebased money laundering techniques, including over and underinvoicing of goods and services, multiple invoicing, over and undershipments, and falsely described goods and services. Dive deeper with a practical example in PART 2:    • Trade Based Money Laundering  Comple...  

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▬▬ CHAPTERS ▬▬
0:00 Intro
0:50 Definition of tradebased money laundering
1:59 Over and under invoicing
2:42 Examples of over and under invoicing
5:06 Multiple invoicing
5:47 Example of multiple invoicing
6:38 Over and under shipments of goods/services
7:07 Falsely described goods and services

✅ References:
TBML Trends and Developments: https://bit.ly/33DUivW
FATF Trade Based Money Laundering: https://bit.ly/31CjUr9
The Panama Papers exposed: http://bit.ly/3cjQfrP
Meet global corruption's hidden players: http://bit.ly/3bvjvg4

Connect with Me: https://linktr.ee/fincrimeagent

DISCLAIMER:
This video is intended for general informational or entertainment purposes only. The views and opinions expressed in this video are those of the author and do not necessarily reflect the original policy or position of people, institutions, or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Furthermore, no endorsement of any criminal activity is expressed or implied.
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© Marco Beranzoni All rights reserved.
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