On 14 February, an article from AML Right Source says that the use of private jets continues and has even expanded from the US and Latin America into Europe and West Africa.  It refers to a US Government Accountability Office (GAO) report in 2020 on the FAA, and which found that accurate registry information can assist investigators in combatting illegal activities including drug trafficking or the purchase of aircraft to be used in money laundering schemes.  It goes on to say that that drugs trafficking into Europe has primarily been via maritime shipments to ports, but the use of private aircraft has also become an attractive smuggling method to both Europe and West Africa.  It then suggests some of the points for consideration that may help in detecting the use of private aircraft for money laundering and narco-trafficking.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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