KNITWEAR TRADE IS VULNERABLE TO TRADE-BASED MONEY LAUNDERING CLAIM CRIME EXPERTS
November 2nd, 2020
THE INTERNATIONAL trade in knitwear products and inputs contains significant variations in prices that can be leveraged buy smart traders within the industry who analyse import-export data and orientate their purchasing and sales practises accordingly.
That said, knitwear traders and manufacturers need to be aware that some bargains really are too good to be true and could be an indication that certain trade flows are being exploited by money launderers seeking to move criminal proceeds from one country to another through artificial pricing – deliberate over- ...
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