Professional Money Laundering and Related Threats – a case study

Arvinsingh Canaye, who previously worked as the general manager of Beaufort Management Services Ltd., an entity related to Beaufort Securities but located in Ebene, Mauritius, pleaded guilty (26^th July 2018), to a related charge of conspiring to launder money.

https://www.comsuregroup.com/news/mauritius-money-laundering-firm-has-its-license-revoked-but-not-still-no-prosecution/

This case highlights once again the potentially pernicious role which professionals can play in facilitating criminal schemes. FATF Report: Professional Money Laundering and Related Threats

http://www.fatf-gafi.org/media/fatf/documents/Professional-Money-Laundering.pdf