How mobile payments might be the global money-laundering machine criminals have dreamed about

Comment "When mobile money meet its success, it also meet its fears"

 

Extract "M-Payments will be one of the next big laundering methodologies that we have to confront,” says according to John Cassara, who spent 26 years as a covert CIA case officer and US Treasury agent investigating financial crimes. “It’s difficult for law enforcement around the world to get a handle on this problem because there is a lack of understanding and reporting about it. But sooner rather than later, we are going to be confronted with this issue"

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