Unpacking the man behind the business

Where there are high volumes of cash transactions in the business, money launderers are most likely to partner with those kinds of businesses to increase the regulator’s impossibilities of tracing the initial recipient of the dirty money.

Where there is partnership formed between the launderer and the cash-based company, the launderer deposits/invest its money into the company which then deposit all the money into its business accounts (dirty money mixed with clean money). Fake invoices and receipts will be created by the company to account for the cash (dirty money).