Identifying High-Risk Currency
Exchange Centers in Mexico
Learn how to identify high-risk currency exchange centers in Mexico using public records. In our latest investigation, we identified over two dozen Mexico-based currency exchange centers that are at high risk for money laundering.
Snippets From The Download:
Why are Currency Exchange Centers important?
Currency exchange centers continue to be used by transnational criminal organizations to launder illicit proceeds and thus present significant risks to financial institutions andd national security.
What can public records reveal?
Public records uncovered a network of 30 high-risk currency exchange centers. Companies are linked to public accountants who previously had corporate connections to convicted money launderers and drug traffickers.
What are the risks for financial institutions?
A now-defunct bank agreed to forfeit $110 million after entering into a deferred prosecution agreement with U.S. prosecutors. The bank was charged with “willfully failing to maintain an anti-money laundering program, in violation of the Bank Secrecy Act,” according to a U.S. Department of Justice.
Sayari Graph Product Features:
Normalized Global Public Records Data
Our proprietary pipelines collect, extract, enrich, match, and analyze high-value public information from over 150 countries.
Multilingual Search Across Jurisdictions & Attributes
Sayari Graph enables users to search records from around the world with the freedom to select specific data attributes or free text search.
Original Source Documentation Provided for Every Relationship & Attribute
Official public records are essential to understanding the ownership and control links tied to potential clients, vendors, or targets of an investigation.
Navigate & Visualize Cross-Border Corporate Hierarchy, UBO & Subsidiary Structures
Sayari Graph enables users to quickly navigate complex, cross-border corporate structures with network visualizations powered by custom graph-based matching and entity resolution models, built on a foundation of investigative and regional domain expertise.
Data Refreshes & Timeline View of Corporate Entities
Sayari provides time-stamped copies of records after every data refresh cycle so users can rewind ownership history and assess historical changes.
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Sayari provides data intelligence platforms to power the fight against financial crime, increase corporate transparency in high-risk places, and support critical national security mission sets. The top global financial institutions, Fortune 100 corporations, financial crime regulators, and enforcement agencies in 35 countries trust Sayari every day.