Typology group
Fraud-adjacent laundering
Laundering that follows a fraud: kiting and duplicate items, exploitation of older customers, account takeover, scams, business email compromise and card or merchant cash-out.
The typologies
8| Typology and a scenario that places there | Channels | BSA |
|---|---|---|
| Check kiting and returned itemsCheck kiting: deposits and withdrawals between linked accounts before items clear | CHK RDC | BSA BSA-AML-15 |
| Remote deposit duplicatesRemote deposit capture: duplicate item presentment | CHK RDC | BSA BSA-AML-15 |
| Exploitation of older customersElder customer: sudden large withdrawals | CSH CHK WDM P2P | BSA BSA-AML-15 ยท BSA BSA-CDD-3 |
| Account takeoverOutgoing RTP payments to newly added payees after a password reset | WDM RTP P2P ONL | BSA BSA-AML-15 |
| Scam payments by the customerAuthorised push payment scam: first payment to a new RTP payee | WDM RTP P2P | BSA BSA-AML-15 |
| Business email compromiseBusiness email compromise: first-time payee with changed bank details | ACH WDM WIN | BSA BSA-AML-15 |
| Prepaid loading and card cash-outPrepaid cards loaded with cash and withdrawn abroad | CRD PPD | BSA BSA-AML-15 |
| Transaction laundering through merchantsMerchant volume inconsistent with stated business, with high refunds | CRD MER | BSA BSA-AML-15 |