September 3 2019
The Guardia di Finanza has identified in the Cagliari area a Money Transfer agency that acted as a collector to get money out of Italy by bypassing the anti-money laundering regulations. The financial agent and the two collaborators got into trouble and – as verified by the controls – had received money from clients in cash for amounts exceeding 999.99 euros per single transaction, destined to be transferred abroad, in fractionated form and in a short period of time, less than the seven prescribed days. The agent had allowed customers to transfer money for almost 102,000 euros, thus circumventing the anti-money laundering legislation.
