A new report from the US Congressional Research Service details the importance of trade-based money laundering for criminal networks in Latin America and outlines some of the ways the region’s governments are attempting to combat illicit financial flows. The CRS report (pdf) describes trade-based money laundering, or TBML, as “among the most challenging and pernicious […]

BIRMINGHAM, Alabama – A Hoover man was charged today with fraud and money laundering in connection with an illegal Ponzi scheme in which investors lost more than $3 million, federal and state officials announced today. Bryan W. Anderson, 40, is charged with one count each of wire fraud, money laundering and securities fraud, according to […]

The rapid growth in the global economy has made international trade an increasingly attractive avenue to move illicit funds through financial transactions associated with the trade in goods and services. Trade-based money laundering (TBML) is a complex phenomenon since its constituent elements cut across not only sectoral boundaries but also national borders. The dynamic environment of international trade […]