#QuickBiteCompliance Day 60
How Bad Guys Hide Things in Plain Sight!
Let’s talk about consolidation of goods – a sneaky trick bad guys use to break the rules. Imagine if someone hid a toy you’re not allowed to bring to school inside a bag full of pencils and notebooks. Because the bag looks normal, no one checks it too closely. This is how criminals sometimes hide illegal items when shipping goods.
Here’s how it works:
They pack illegal or restricted items (like weapons or sanctioned goods) with other everyday stuff, like clothes or electronics.
Then, they label the whole shipment as something innocent so no one gets suspicious.
Examples of Bad Guys at Work:
1. Smuggling weapons: Criminals might hide restricted items, like parts for weapons, inside boxes of toys or tools.
2. Dodging sanctions: If a country is banned from buying certain items, criminals ship those restricted goods mixed with regular shipments to sneak them in.
3. Grouping small shipments: Instead of sending one illegal package, they combine many small shipments into one big one, hoping inspectors won’t check every box.
This is why customs and financial crime experts work so hard to uncover the truth behind shipments. If we stop these sneaky tricks, we can cut off supplies to criminals and protect our communities!
💡 Remember: By keeping an eye on what’s being shipped, we can stop bad guys from hiding harmful things in plain sight.
#FinancialCrime #AML #SanctionsEvasion #ConsolidationOfGoods #FightSmuggling #GlobalSecurity #AntiMoneyLaundering #InclusiveRegtech #OpenSourceAML
Source: https://www.acams.org/en/resources/aml-glossary-of-terms
