So there’s this site called World-Check. It basically runs a business related to managing risk for well-heeled institutions. From its site:
World-Check’s proprietary database and tools have direct uses in financial compliance, anti-money laundering (AML), Know-Your-Customer (KYC), Politically Exposed Person (PEP) screening, enhanced due diligence (EDD), fraud prevention, government intelligence and enforcement, and other identity authentication, background screening and risk-prevention practices.
In addition to the financial industry other client sectors include, insurance, legal, gaming, aviation, real estate, consultancy, natural resources and accounting to name but a few.
Well, today they have an article entitled Virtual money laundering now available on the world wide web.
