News for hackers. Stuff that matters.
Re:Money Laundering and AML Compliance by meekaaku on Saturday February 11, 2023 @03:59PM (#34756274)
Honest question, where does this happen? If you are buying a house, the solicitor or whoever is dealing with legal/deed etc will ask where the money came from, don't they? In the UK atleast that seems to be the case. Lenders are fine as long as you can show your future income (eg by being employed), but not much about how you got your initial deposit money.
Re:Money Laundering and AML Compliance by pyuser583 on Sunday February 12, 2023 @06:38PM (#34768394)
You are asked if the money is coming from a loan. If not, the questions stop.

Money launderers don’t take out loans. Normal people do.