#QuickbiteCompliance day 280
🔍 Catching Bad Guys: What’s a “Typology”? (Hint: It’s Not Dinosaurs!)
Imagine a thief steals a cookie 🍪. Instead of eating it whole, they crumble it into tiny pieces, hide crumbs in different jars, swap some for candy 🍬, then rebuild it later. That’s money laundering typology —fancy words for how criminals hide “dirty money” to make it look clean!
### 🕵️♂️ How Bad Guys Do It (Real Examples):
1️⃣ “Smurfing”
– Break big illegal cash piles into small deposits (e.g., $9,000 x 100 deposits) to avoid bank alerts. Like ants stealing sugar—one grain at a time!
2️⃣ Fake Trade Tricks
– Ship 10 boxes of “rocks” 📦 but invoice them as gold 💰. Overcharge imports, undercharge exports—magically moving money across borders!
3️⃣ Crypto Mixers
– Pour stolen crypto into a “blender” 🌀, mix with clean coins, and withdraw untraceable money. Poof! Crime vanishes.
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### Why This Matters to YOU:
Typologies change FAST (new tech = new tricks!). Fighting them needs:
– #InclusiveRegtech : Cheap/free tools so all banks (even small ones!) can spot crumb-hiding ants.
– #OpenSourceAML : Sharing crime-fighting blueprints openly—like superheroes teaming up! 🦸♀️🦸♂️
💡 Together, we turn complexity into clarity—one crumb at a time.
🔗 Learn more typology terms: [ACAMS Glossary](https://www.acams.org/en/resources/aml-glossary-of-terms)
#Typology #FinancialCrime #AML #FATF #InclusiveRegtech #OpenSourceAML #100HariNulis #MoneyLaundering #Fintech #Compliance