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Money Laundering

Certifications and Examinations for the aspirants preparing for the Certified Anti Money Laundering Expert program offered by Indiaforensic

Money Laundering scandal in the Bank of Baroda shocked the banking system in India. Trade based money laundering technique was used in which pecuniary gains were made through illegal receipt of duty drawback. Trade Based Money Laundering Few employees from the banks in the National Capital of India, in connivance with...
Today is March, the 31st; last day of the accounting/taxation year. Accountants and auditors are having a busy day finalizing accounts, similarly would be “smart” brains using colorable devices to avoid tax or disguise ill-gotten money. An important instrument of such schemes is using income derived from agricultural activities...
Reforms in various laws related to financial crimes have changed the compliance rules in 2016, many of these legislations would see activity in the year 2017, which is going to be the year of significant reforms in the syllabus of Certified Anti Money Laundering Expert program. There are multiple updates...
Money Laundering is not new phenomenon to the Indian politicians. There are several politicians who are facing the heat from the various law enforcement agencies such as Enforcement Directorate. This story is of the top five politicians who are alleged in money laundering in India. Madhu Koda Madhu Koda is the...