Funnel accounts created by profits earned from committing crimes are commonly used in money-laundering schemes. Watch for these 12 red flags to help you stop the progression of funnel accounts. 12 Red Flags of Funnel Accounts Accounts with multiple deposits quickly transferred to other accounts. Checks may have different handwriting on the payee and… Read more »
Posts Tagged: Philadelphia Finance Recruiters
Are Local Banks Suffering Because of Dodd-Frank?
Because of the 2008 financial crisis, the government took steps to control how big and small banks function so future bailouts aren’t necessary. Some of those steps, such as passing the Dodd-Frank Act, may have done more harm than good for local banks. Dodd-Frank Act U.S. Representatives Barney Frank (D., Mass.) and Chris Dodd… Read more »