ML Terms and Concepts News

Money Laundering 101: Willful Blindness

Welcome to topical post 2: “Willful Blindness.” Last time, we learned that an integral component of the definition of money laundering is the “knowledge” that the money is of illicit origin. However, in the United States (and other jurisdictions around the world), the concept of willful blindness now can be employed by law enforcement. For […]