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News Forum - Unmasking the money: The underworld of ‘dummy accounts’ in illicit finance


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A bank account referred to as a dummy account is typically held by a person who is not the actual owner. These accounts are commonly used in illicit financial activities such as fraudulent transfers, gambling, drug trafficking, or money laundering. Dummy accounts can be obtained in two main ways: 1. Paying someone else to open … …

The story Unmasking the money: The underworld of ‘dummy accounts’ in illicit finance as seen on Thaiger News.

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