Money Laundering Typologies Research in 21st Century - India Perspective-1
The ED targets prevalent money laundering methods, informed by risk analysis and financial intelligence. Key typologies include: Trade-Based Money Laundering : Mis-invoicing or false documentation in international trade to disguise flow of illicit funds. Shell Companies : Fictitious entities used to layer proceeds, obscuring ownership. Real Estate Investments : Illicit funds integrated into the legitimate economy through property purchases. Cash-Intensive Businesses : Retail or construction sectors exploited to mix illegal cash with legitimate earnings. These crime typologies are addressed through close collaboration with FIU-IND and other law enforcement agencies like the Central Bureau of Investigation (CBI) and the use of advanced data analytics, enhancing the ED’s detection capabilities. Regional Risk Analysis The FIU-Ind's each of the Regional Office is tasked with analyzing region-specific risks, considering: Prevalent crime types (e.g., drug trafficking, finan...