Anti-Financial Crime & Financial Crime Compliance
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Analysis & Opinion, Compliance News, LATAM

Money launderers may be working out of thousands of South American petrol stations; report sheds light on multi-billion-euro battle on organised crime in oil industry

Corruption and money laundering continue to plague the Latin American petroleum industry, with Brazil alone seeing illegal profits worth around €3.47BN annually, it has emerged.

A recent Reuters investigation has revealed that crime within the industry has not gone away despite efforts to contain it.

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