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313 Money Launderers Turn to Savings Accounts to Receive Fraudulent Funds, Finds Synectics

The Fintech Times
The Fintech Times @ The Fintech Times 2 place · 03/09/2025 05:00 EDT

Money Launderers Turn to Savings Accounts to Receive Fraudulent Funds, Finds Synectics

Reports of savings accounts being ‘used to receive fraudulent or disputed funds’ increased by 63% last year, as fraudsters diversify their tactics, reveals @Syn_Sol.

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