TBML EXPORT SAYS USA 2020 TRADE DATA SHOWS ABNORMAL PRICING THAT MIGHT REFLECT AUDACIOUS TBML
August 1st, 2021
Analysed USA trade data from the professor who coined the phrase ‘trade-based money laundering’ have unveiled significant abnormal pricing in exports and imports to and from the USA, which could have been abused for ML. Prof John Zdanowicz, a business professor at the USA’s Florida International University, and long-standing TBML expert, shared analysed 2020 US trade data with MLB, and they include some eye-widening anomalous valuations.
If they were examples of ML, he stressed that undervaluing exports and overvaluing imports will move money out of the ...
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