By Sophia Kafui TEYEMoney laundering is a global financial crime that is frowned at by many states.Money laundering has become a critical global challenge with far-reaching consequences, not only for ...

Example of trade-based money laundering: For instance, a company imports goods worth $100,000 but declares them as being worth $150,000, transmitting the additional $50,000 to a foreign account.

She was trying to piece together how exactly one of the world’s biggest money laundering networks operates. “I needed a visual aid as I was breaking it down into steps,” she explained.