Cleaning Up: The Rise of the Laundromats
Financial services professionals should understand and be able to identify the money laundering schemes known as laundromats. In this paper we examine:
- The major examples of the recently revealed laundromat schemes;
- The schemes’ key characteristics; and
- Actions you can take to protect your company and customers.
Learn what to look for and how you can ensure robust and appropriate protections are in place to thwart criminals.