#QuickBiteCompliance Day 141
Human Trafficking: When People Become a Business for Criminals
Imagine being tricked into a job that doesn’t exist, only to end up trapped in a place where you’re forced to work without pay or worse—sold like a product. This is human trafficking, one of the biggest criminal businesses in the world. It happens in almost every country, targeting the most vulnerable—children, women, and people in desperate situations.
How Do Criminals Make Money from Human Trafficking?
🔸 Selling People for Labor & Exploitation – Victims are forced into factories, farms, or illegal businesses, earning billions for traffickers.
🔸 Online Ads & Fake Jobs – Traffickers post fake job offers, luring victims into dangerous situations while making money from illegal contracts.
🔸 Sexual Exploitation & Brothels – Victims are controlled, and criminals use fake businesses or cash-heavy operations to hide the money.
🔸 Money Laundering Through Shell Companies – Traffickers use restaurants, nightclubs, or even charities to make their dirty money look clean.
🔸 Bribing Officials – Corrupt actors take payments to ignore trafficking activities, making it harder to stop.
Why This Matters
Human trafficking isn’t just a crime—it’s a massive industry. Financial crime experts play a key role in stopping it by tracking suspicious money movements. This is where smarter Regtech (Regulatory Technology) and Open Source AML tools, like Mulai Console, help detect and shut down illegal money flows without hurting real businesses or innocent people.
💡 Learn more about financial crime terms here: https://www.acams.org/en/resources/aml-glossary-of-terms
#HumanTrafficking #ModernSlavery #AML #FinancialCrime #KYC #Regtech #InclusiveRegtech #OpenSourceAML #100HariNulis
