Transcript Second Scenario

‫بسم هللا الرحمن الرحیم‬
How to identify the suspiciousness about
your customer
Some special indicators and red-flags to identify the suspicious act
of a criminal activity.
The story
• Our national FIU received a transaction report about Ahmad
and Mahmud. Ahmad and Mahmud were both clients at a
bank that was located in a region known for organized drug
trafficking activity.
• They both deposited large amounts of cash into a number of
different accounts, and then transferred the Funds to other
accounts in a neighboring country via inter-bank transfers.
The same address and explanation of cover
stories used by two different people
• The FIU investigated Ahmad and Mahmud. It appeared that
they had several accounts at different banks, all located in the
same area.
• Further analysis revealed that Ahmad and Mahmud used the
same address and explained their banking activities to their
financial institutions with the same cover stories.
Media coverage
• Investigation by FIU staff also revealed a local newspaper
article that had named Ahmad as being part of a drug
trafficking ring.
• At time of writing, the case is still under investigation by
national law enforcement agencies and will be remitted to the
prosecutor for action when completed.
• What could be the indicators?
Indicators
• Large-scale cash transactions.
• Media coverage of account holders activities.
• Rapid inter-bank transfer with little
explanation.