Which method to finance terrorism involves falsifying transaction-related documents?
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A. B. C. D.C
The method to finance terrorism that involves falsifying transaction-related documents is trade-based money laundering (TBML).
Trade-based money laundering is a process where criminals use international trade transactions to disguise the origin of illegal funds. This process involves the use of false documents or invoices to misrepresent the value or nature of goods being traded.
In the case of financing terrorism, terrorists and their supporters use TBML to transfer funds across borders and to conceal their illicit activities. They create false documents that show inflated values for goods or services, which enables them to move large sums of money without detection.
TBML is a complex and difficult method to detect because it involves multiple parties, transactions, and countries. The process can be used to launder money from a wide range of criminal activities, including drug trafficking, arms smuggling, and human trafficking.
Other methods of financing terrorism include bribery, black market peso exchange, and informal value transfer systems. Bribery involves offering or receiving money or other benefits in exchange for a service or favor. The black market peso exchange is a process where drug traffickers use the proceeds from drug sales to purchase goods in another country, which are then sold for pesos on the black market. Informal value transfer systems, also known as hawala, involve the use of a network of individuals who transfer money on behalf of others, without using formal financial institutions.
In conclusion, the method to finance terrorism that involves falsifying transaction-related documents is trade-based money laundering.