What are the sources of illegal funds?

1 year ago
Banking

There are many sources of illegal funds. Major sources are as below:
 Participation in an organized criminal group, racketeering;
 Terrorism, including terrorist financing;
 Trafficking in human being s and migrant smuggling;
 Sexual exploitation including sexual exploitation of children;
 Illicit trafficking in narcotic drugs and psychotropic substance;
 Illicit arms trafficking;
 Illicit trafficking in stolen and other goods;
 Corruption and bribery;
 Fraud;
 Counterfeiting currency;
 Counterfeiting and piracy of products;
 Environmental crime;
 Murder , grievous bodily injury;
 Kidnapping, illegal restraint and hostage taking;
 Robbery and theft;
 Smuggling (including in relation to customs and excise duties and taxes);
 Tax crimes (related to direct and indirect taxes);
 Extortions,
 Forgery;
 Piracy;
 Insider taking and market manipulation

0
Rusma Khadka
May 23, 2023
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