Is money-laundering scandal at Danske Bank the largest in history?

As featured in The Guardian

Anti Money Laundering


“Money laundering is a globalised industry and if you operate on a domestic basis you might as well not bother,” said Tom Keatinge, the director of the centre for financial crime and security studies at the Royal United Services Institute. A former investment banker, Keatinge worked at JP Morgan for 20 years before turning his attention to combating fraud. “The borders are immaterial to you when you are structuring these transactions, whereas the borders are not immaterial for the cops who are trying to chase you.