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full screen Several international money brokers send cash abroad anonymously, a method that can be used to launder money. Archive image. Photo: Martina Holmberg/TT
By sending money anonymously through common money brokers, criminals can turn black money into white. This shows a review of SVT’s Uppdrag review.
Through multinational money intermediaries such as Ria Money Transfer and Small World, several billion kroner are sent abroad every year. Assignment review shows in a new program that it is possible to hand in cash at agents for the two companies without identification.
Of 27 agents surveyed, 15 refused to carry out anonymous transactions, but 12 agreed to send money anonymously. On each occasion, SEK 10,000–20,000 was sent in cash. Sending cash carries an increased risk of money laundering because the money cannot be traced.
In some cases, the person depositing money also had another person’s ID with them. The recipients were in countries at risk, such as Turkey and Kenya.
Sending cash anonymously abroad is a method criminals use to launder money. The mapping was done in seven Swedish cities, including Malmö, Stockholm and Gothenburg.
Ria Money Transfer and Small World claim to SVT that they have strict guidelines to ensure that all laws are followed.
Dagens Nyheter also reports that dishonest brokers and bank employees can enable money laundering through housing deals. The schemes may involve black money being transferred for a down payment to the broker’s account, which hides the origin of the money. Brokers can also fabricate false employment information that allows criminals to be granted loans.