Monday Dec 23, 2024
Monday Dec 23, 2024

Money-muling is dangerous endeavor


Nepalnews
2023 Aug 28, 12:14, Kathmandu

Money laundering is a common strategy used by criminal organizations to hide the source of their illegal income. The goal is to shield illegal organizations from punishment while making money look legitimate. Additionally, this conduct makes it challenging for law enforcement to follow money traces.

People who intentionally or unintentionally assist criminal groups in the laundering of their unlawful income are known as money mules. In order to facilitate the receipt and movement of stolen payments, they provide their own accounts, therefore "legitimizing" it, notified by Interpol. 

To highlight this threat, Interpol launched its #YourAccountYourCrime campaign. Interpol raised awareness of money mules.

READ ALSO:

#YourAccountYourCrime – Don’t become a money mule! #YourAccountYourCrime Money Laundering criminal organizations
Nepal's First Online News Portal
Published by Nepalnews Pvt Ltd
Editor: Raju Silwal
Information Department Registration No. 1505 / 076-77

Contact

Kathmandu, Nepal,


Newsroom
##

E-mail
nepalnewseditor@gmail.com

Terms of Use Disclaimer
© NepalNews. 2021 All rights reserved. | Nepal's First News Portal