Author: Tommy Hartono
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Day 69: Currency Smuggling
#QuickBiteCompliance Day 69 🚨 Beware of Currency Smuggling! 💰✈️ Did you know that some “bad guys” try to move large amounts of cash across country borders without anyone knowing? This sneaky trick is called currency smuggling, and it’s one way criminals try to hide their illegal activities. Here’s how they do it: 🌍 They might…
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Samasini.com is available
Do you want to buy something? Do it with samasini.com
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Day 68: Currency
#QuickBiteCompliance Day 68 💵 Money Matters: The Good, The Bad, and The Ugly Currency—whether it’s paper money, shiny coins, or digital dollars—is what we use to buy things like food, clothes, or even toys. But did you know that while most people use money for good, some bad guys try to misuse it to commit…
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Locale.id & Lokale.id is available
Get a locale site in Indonesia right now. Check them out.
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Day 67: Cross Border
#QuickBiteCompliance Day 67 🌍 How Do Bad Guys Use Cross-Border Tricks to Commit Financial Crime? Let’s Make It Simple! Imagine you have $10 and you give it to your friend in another country. That’s called a cross-border transfer—moving money from one country to another. This is super useful for families, businesses, and travelers. But bad…
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Onetoken.sg is Available
Have you thought about owning a token site in Singapore? Get it now.
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Day 66: Criminal Proceeds
#QuickBiteCompliance Day 66 🔍 What Are “Criminal Proceeds” and How Do Bad Guys Use Them? Let’s Break It Down! Imagine someone steals a toy, sells it, and uses that money to buy candy. That candy was bought with criminal proceeds—money or things gained by breaking the rules. Now, let’s think bigger. Bad guys commit crimes…
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Day 65: Credit Cards
#QuickBiteCompliance Day 65 🔍 How Can Credit Cards Be Misused for Financial Crime? Let’s Simplify It! Imagine this: You have a magic card that lets you buy anything—clothes, toys, or even ice cream—but you don’t need to pay for it right away. That’s what a credit card does. You buy now, pay later. Most of…
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Day 64: Counterparty
#QuickBiteCompliance Day 64 Who’s on the Other Side of the Deal? Let’s Talk About Counterparties 🤝💰 Every time you buy something, there’s someone on the other side selling it to you. That person or business is called a counterparty. This is the same for banks and companies—they make deals with counterparties all the time. Sounds…
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Day 63: Correspondent Bank
#QuickBiteCompliance Day 63 How “Banking for Banks” Can Help or Hurt the World 🌍💸 Imagine your bank needs help moving money to another country. Instead of doing it alone, they ask a bigger, international bank to help. This is called Correspondent Banking. The big bank (the “correspondent bank”) helps smaller banks (the “respondent banks”) with…