Money-Laundering Activity, Foreign Bank Accounts and Your Clearance

Originally published at: https://www.clearancejobsblog.com/money-laundering-activity-foreign-bank-accounts-and-your-clearance/

It is well known that Nigeria is a haven for financial scams, fraudulent internet activities and money laundering schemes. The use of 3rd party bank accounts is a way for criminals to disguise illicit activities and move money to legitimate businesses and accounts. A DoD contractor, born in Nigeria and is now a naturalized U.S. citizen,…

I worked for several years as a bank examiner and it always amazed me the number of people who thought that their blatant laundering/muling would go unnoticed.

“I thought Stubborn Mules Laundromat LLC was a totally legit work at home business. Honest”

I remember getting emails from a Prince of Nigeria asking me for my account information to deposit untold riches there. Hmmm…