“To launder money clean is a challenge for criminals. One way is to spend cash on expensive goods. Martin Nordh is an expert on money laundering issues.
-Buying watches with black money is one of the most classic money laundering schemes that can be linked to cash, he says.”
Watch the clip from SVT (in Swedish only), also check out the previous comments in our news feed regarding the issues with money laundering through high-value dealers “Increasing problem with money laundering through high-value dealers”.
To your inbox. Completely free.
Stay informed with daily financial crime news, in-depth analyses and other updates