News

July 14, 2020

The fintech cleaning up online money laundering

The fintech cleaning up online money laundering

In Ron Teicher’s view, the internet has made money laundering a lot easier. Back in the old bricks and mortar days, criminals looking to send their misbegotten cash through the washing machine of fake commerce at least had to invest in, well, bricks and mortar. In Breaking Bad, Walter White and his wife ended up buying a car wash. In Better Call Saul, there was a nail salon.