Insights: Money Laundering

Mr Crosby, “AskInt” and Deception

There’s a nice story here, told by David Niven to Lady Diana Cooper about an innovative intelligence operation in WW2. I can’t vouch for its veracity of course but it’s a nice story.  It can be found in the book “Darling Monster“, the letters of Diana Cooper to her son, John Julius Norwich. The story…

Sanctions compliance; North Korea, drugs, guns and money.

This post by IMSL Banking Intelligence lead, Rob Evans. On the 15 July 2013 the Chong Chon Gang, a North Korean flagged freighter was searched and seized by Panamanian authorities on suspicion of drug smuggling.  The search identified a number of Soviet era weapon systems that were reportedly being shipped from Cuba to the Democratic…

Financial Crime…It’s Child’s Play

This post from the IMSL Banking intelligence lead, Rob Evans. On 06 May 2013 Dan “Daisy” Xin Li, 44, co-owner of Woody Toys Inc was sentenced to 14 months in custody for participating in an elaborate money laundering scheme that generated millions of dollars for Mexican and Colombian drug cartels. The technique they employed is…