Mobile money movements

Money laundering has taken a different form now with a new method, thanks to mobile phone banking. Today's criminals have come up with this new method of transferring illegal funds, at the speed of light. The option was introduced for sending money to remote areas faster through mobile phone links. Now its use has enabled us to send illegal funds across the globe, with little papers to chase or catch on to.

The criminals of the past, now must be avoiding their usual banking routes of sending funds, which left incriminating documents, through which some of it could be traced by authorities. These days, the criminals can adopt the faster and safer way of laundering money by using mobile phones and even disposing off or destroying these phones after use to eliminate any chances of being caught. This is the new catch-up game in the real life scenario of 'cops and robbers'.

A Bangladeshi