#QuickBiteCompliance Day 99
🌍 Fighting Bad Guys Who Steal Money and Support Terrorism! 🚫💸
Did you know there’s a superhero team called the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG)? 🦸♂️🦸♀️ It was created in Moscow back in 2004 to stop bad guys from using money for illegal things like funding crime or terrorism.
Here’s how these bad guys do it:
1️⃣ Hiding stolen money: They try to make their dirty money look clean by sneaking it into banks or businesses.
2️⃣ Fake charities: They might set up a fake “helping hand” group but use the money to harm people instead of helping them.
3️⃣ Buying luxury stuff: They buy expensive cars, homes, or jewelry to hide where the money came from.
EAG works hard to find these tricks and make sure our money system stays safe. They team up with other countries to catch the bad guys and keep the world a safer place! 🌏✨
Let’s all be aware and say NO to dirty money. Together, we can make a difference!
#AML #AntiMoneyLaundering #FinancialCrime #EAG #GlobalSafety #StopTerrorismFunding #MoneyLaunderingAwareness #SafeWorld #InclusiveRegtech #OpenSourceAML
Source: https://www.acams.org/en/resources/aml-glossary-of-terms
