[box type=”info” style=”rounded” border=”full”]This is an old report from 1999-2000 which is a compilation of 100 sanitised cases on successes and learning moments in the fight against money laundering. Hope it is useful.[/box]
The Egmont Group celebrated its fifth anniversary in 2000, and it seemed to be an appropriate time to gather and publicise examples of the anti-laundering work of all members. To this end, at the end of 1999, the Chairman of the Working Group requested all member FIUs to submit cases that demonstrated successes against money laundering. Almost every member FIU complied with this request, and as a result this report contains one hundred of the most appropriate cases from all over the world.
The cases were received in a variety of formats over an eight month period, with some of them being submitted in the member FIUs own language and with original case notes. Translations were made into English, and the editorial team analysed each case to determine which aspects of the laundering activity and investigation were best highlighted in the final version. The cases have also been rewritten in such a way that a uniform and easy to read style has been reached – the Working Group is aware that a significant number of members do not have English as a first language and so a simple
terminology was preferable. The cases have also been altered to minimise the risk that a specific case could be identified by third parties. For the same reason geographical references have been generalised. For example ‘America’ refers to all locations in the both North-, Central- and South America. Because of the translation, sanitisation, and simplification, it is possible that member FIUs may not recognise their own contributions.
The cases have been subdivided in six categories, containing five general laundering typologies and one chapter focusing on intelligence exchange successes. The categories used were:
- Concealment within Business Structures;
- Misuse of Legitimate Businesses;
- Use of False Identities, Documents, or Straw Men;
- Exploiting International Jurisdictional Issues;
- Use of Anonymous Asset Types;
- Effective Use of Intelligence Exchanges.
At the beginning of each chapter you will find a short explanation of each typology. You will also notice that some cases include more than one typology, but the cases have been identified by the primary typology involved. It should also be noted that this report focuses on the laundering typology, and not the method used to commit the crime itself; some of the fraud cases may, for example, use one typology for the fraud and a separate method for the laundering of the funds
Detailed report link from Swiss MROS website: here