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NEWS: FATF says ‘cash is king’ in latest report on migrant smuggling; global financial watchdog warns of new ‘business models’ in industry

By Alisha Houlihan for AMLi

“CASH is king” amongst the organised crime gangs behind migrant smuggling, FATF has outlined in a new report. 

The report reveals the gangs receive most of their payments in cash and use the money to cover living costs or sometimes even to support their drug and gambling habits. 

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