#luxury goods

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What Draws Money Launderers to Luxury Brands?

The luxury goods sector has inherent qualities that raise the danger of money laundering and are helpful for various reasons. Items like jewelry, valuable stones, and exquisite art are easily transportable, making them ideal for illicit activity.

Luxury Goods and Financial Crime

Beyond just purchasing luxury goods with money obtained through crime, it is sometimes neglected how these commodities overlap and even assist financial crime.

Art Theft is Increasing

A discussion on the ongoing problem of art theft and how financial offenders are becoming more inventive in their methods of stealing valuable artwork. It also explores how AML software solutions can be useful in addressing the issue.