Money Laundering, an age old industry
Money laundering is the act of disguising the source and control of funds derived from criminal or illegal activities by investing in legitimate businesses or through bank transfers, purchase of stocks or insurance policies etc. Money laundering has been traced back to early Chinese civilization by Historian Sterling Seagrave.
The Central Bank of Nigeria just set a new minimum qualification for all Money Deposit Banks (MDBs) in Nigeria. This, CBN said is in strict adherence to all extant regulations particularly those relating to foreign exchange transactions, Financial Action Task Force (FATF) and Anti-Money Laundering and Combating the financing of terrorism (AML/CFT).
Read here http://bit.ly/2diRCtA
July 11th, 2016
They understand the value of every second of their time.
Imagine there is a bank account that credits your account each morning with $86,400.
It carries over no balance from day to day.
Every evening the bank deletes whatever part of the balance you failed to use during the day.
What would you do?
Ponzi schemes http://usat.ly/1fr8Yub
February 26th, 2014
g-Log consult 1st blog page!
g-Log an anti-money laundering solutions and business service provider can be ranked as one of the most experienced and dependable Anti-Money Laundering / Combating the Financing of Terrorism (AML/CFT) compliance training company in Nigeria and beyond.