18th Parliamentary Intelligence-Security Forum – Keynote Message
Cassidy started by saying that the main methods of trade-based money laundering are:
- Phantom Invoicing
- Double Invoicing
He then later went on to speak on how the Hezbollah group is financing terror not only in the Americas, but all over the world. He then spoke on how TBML not only hurts legitimate businesses, but also damages a country’s economy. The goal would be to prioritize TBML as a national security concern.
