Who is watching?

It would seem that it is not only law enforcement or anti-financial crime teams at financial institutions who are on the lookout for criminal activities and the laundering of illicit funds.

In many instances laundering of ill-gotten gains results in increasing financial activities, and there are many legitimate enterprises who could - knowingly or unknowingly - benefit from this.

In the scenario described in the below article, it is evident that the ATM companies noticed the increase in financial activities at certain shops and outlets, and willingly supplied ATM machines to those outlets - thereby getting involved in and benefitting from the laundering.

For more on this story, and the compliance-angle to it from the ATM supplier's perspective, please watch out for future posts.

ATM suppliers atm2go and Next Payments in battle for tobacco crime figure's business, court filings reveal - ABC News