On 24 December, KYC 360 reported an article from The Times said that “gangsters, drug dealers and sex traffickers are using money transfer businesses to launder at least £1 billion in cash every year”, the NCA said after a Times investigation. It is said that UK outlets outnumber by 4 to 1 those in France, Germany, Italy, Netherlands and Spain combined. Intelligence has suggested that about 15% of more than 31,000 outlets are exposed to money laundering from groups involved in human trafficking, importing drugs and other crimes.
https://www.riskscreen.com/kyc360/news/1bn-a-year-laundered-in-cash-transfers/
I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y
raytodd.blog 