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World Money Laundering Report
Type of conduct: 
Ponzi / Pyramid fraud
Case Summary: 

It has long been the case that, however one defines it, "communities" are represented by physical or psychological boundaries within which members feel safe. But there are those that exploit that sense of safety and target members of that community because of levels of trust. It's all related to the "people like us," syndrome explained in the book Understanding Suspicion in Financial Crime. This case is an example of multi-million USD scheme perpetrated in such circumstances.

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