How to keep track of the ugly fish.

 
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Banks knows how to keep track of the ugly fish.

It’s part of their job.

Fish-Ella

Background:

Danske Bank was busted for money laundry on September 19, 2018. Investigators had gone through 6,200 foreign customers in the bank’s branch in Estonia - and concluded that basically everyone could be suspected of money laundering.

Now:

In the material from the investigation, there is a lot of transactions that link another bank to what has been called “the world’s largest money laundering bound”. This bank is Swedbank.

Plot:

There are warning signals that banks are enforced by law to be aware of and pay attention to.

Such as:

  • Companies that have their base abroad.

  • Corporate customers who lack visible activities

  • Hidden owners

  • Represented by suspected goalkeepers.

  • High risk-countries that are recognized from the obligation in Danske Bank.

  • Companies with false annual reports.

  • Foreign customers who channel million even though the recipients have been classified as "dormant" in the company register.

  • Account holders who are not visible at all, who completely lack an actual business activity - despite the fact that millions are flowing through their accounts in the bank.

SVT & Uppdrag Granskning has analyzed the companies’ transactions based on the same warning flags for suspected money laundering used in the investigation by Danske Bank.

Swedbank has failed to pay attention to these obvious warning flags.