Bangladesh Bank heist INVOLVES money laundering
Breaking the theft into many smaller transfers was described as a classic money-laundering technique.
Explicit Confidence 97% · Geoff White EP 72 Details
“This is classic money laundering technique.”
Technique
technique:money_laundering
Also: classic money laundering technique
Use of fragmented transfers, casinos, junket rooms, and controlled gambling to disguise and cash out stolen funds.
Use of fragmented transfers, casinos, junket rooms, and controlled gambling to disguise and cash out stolen funds.
“This is classic money laundering technique.”
“The next part of the plan was for the hackers to make it so that this money couldn’t be traced”
Movement of stolen funds through multiple accounts and jurisdictions, supported by fabricated legal documents.
“he had a whole system to clean the money”
“his money laundering scheme was just normal business dealings”
| Direction | Predicate | Other entity | Origin | EP |
|---|---|---|---|---|
| incoming | INVOLVES | Bangladesh Bank heist | Explicit | 72 |
| incoming | INVOLVES | Evaldas Rimasauskas BEC scam | Explicit | 124 |
| incoming | USES | Evaldas Rimasauskas | Explicit | 124 |
Bangladesh Bank heist INVOLVES money laundering
Breaking the theft into many smaller transfers was described as a classic money-laundering technique.
Explicit Confidence 97% · Geoff White EP 72 Details
“This is classic money laundering technique.”
Evaldas Rimasauskas BEC scam INVOLVES money laundering
The proceeds were moved through multiple bank accounts and countries as part of a money-laundering scheme.
Explicit Confidence 99% · Jack Rhysider EP 124 Details
“Evaldas would just send them fake legal documents that made it look like his money laundering scheme was just normal business dealings.”
Evaldas Rimasauskas USES money laundering
Evaldas used a system of moving money through accounts in multiple countries, described as money laundering.
Explicit Confidence 98% · Jack Rhysider EP 124 Details
“he had a whole system to clean the money, too”