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cleanup version

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created at

2025-11-17 04:33:47

updated at

2025-11-17 04:33:47

Address

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https://www.firstaml.com/resources/charity-or-crime-discovering-the-dark-side-of-a-charitable-front/

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source type

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Publication date

2025-08-07 20:22:48

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Content

title

Charity or crime? Discovering the dark side of a charitable front

excerpt

content

In the world of compliance, it's often the subtle inconsistencies that raise the loudest alarms. Lorelei, a seasoned compliance specialist, found herself navigating one such case in early 2024 when she encountered a new charity attempting to secure a virtual office. Since 2022, the virtual office had been using the First AML platform for customer onboarding, which flagged this charity during routine checks and revealed inconsistencies that caught Lorelei’s attention.An unusual clientTypically, Lorelei’s work involves vetting UK-based charities. It was unusual, to say the least, for a charity to opt for a virtual office service, particularly one located in the United States. But that was just the first of many anomalies.When Lorelei first attempted to find information about this charity, she quickly hit a wall. Their online presence was minimal, raising immediate red flags. To dig deeper, she requested the charity’s rules and any amendments, hoping to gain some clarity. Then, she tur...

author

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1764408660

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