EUROPE’S ‘DIRTY’ MONEY TRADE: $1.8 TRILLION LAUNDERED YEARLY THROUGH TRADE-BASED MONEY LAUNDERING

On 14 December, Mirage News reported a new 10-year study which provides a comprehensive estimate of the scale of this illegal activity – which claims that up to more than 11% within a year of all EU trade being used to move illegal proceeds for anything from drug deals to terrorism.  It is said to give the first benchmark of the size of TBML for the EU.

https://www.miragenews.com/europes-dirty-money-trade-1-8-trillion-915742/

https://www.tandfonline.com/doi/full/10.1080/00036846.2022.2141444

https://www.buymeacoffee.com/KoIvM842y

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: