Have any of you come across particularly clever indicators of shell companies while analyzing transactions? I recently encountered a case where a nominally small company had multiple accounts with significant deposits that triggered my AML alerts. It made me think about the regulatory frameworks we rely on and how easily they can be manipulated. I’m curious to hear what tactics you’ve found effective in detection.
I’ve noticed that the addresses linked to those accounts can often be a giveaway — sometimes they don’t even exist or lead to completely different businesses. It really makes you question the legitimacy. Have you checked the physical locations of those entities?