In this edition of Fincrime Files, the AFC community dives deep into key
scenarios covered under Investment Scams:

1. Impersonation of Wealth Management Staff
Fraudsters posed as bank wealth managers to sell fake high-return bonds, funnelling victim funds through mule accounts, offshore remittances, and shell entities.
2. Fake Low-Risk Bonds via Corporate Accounts
A front company marketed fabricated bonds, funnelling deposits into corporate
accounts, layering through domestic transfers, and moving proceeds offshore via structured wires.
3. Certificates of Deposit & Private Banking Accounts
Fraudulent CDs diverted investor funds into private accounts, layered through
correspondent banks, and disguised as legitimate investment flows.
4. Fictitious Metal Trading Investment Scam
Perpetrators fabricated metal arbitrage trades using shell entities and falsified
records, moving investor funds through cross-border accounts and luxury assets
to conceal illicit proceeds.