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> well then you could just not do it next time. Isn't that what they want?
by jstanley 3y ago
> well then you could just not do it next time.
Isn't that what they want?
- 2fast4you 3y agoThey want you to not commit fraud, they also want to catch you if you do
- londons_explore 3y agoAnti money laundering checks are typically very primitive. Things like "Made at least 3 payments in a week to accounts recently created". If they told you what the checks were, you could easily come up with a scheme to not be flagged. What they miss is that all serious criminals know someone who works for a bank and can just tell the criminals what the checks are at that bank.
- refurb 3y agoNo, because if you know enough rules you can still launder money but not set of the alerts.