بسم الله الرحمن الرحیم How to identify the suspiciousness about your customer Some special indicators and red-flags to identify the suspicious act of a criminal activity.

The story AASHIANA Ltd, received a donation from a sponsor amounting to US$400,000, and then the AASHIANA Ltd subsequently transferred the donation to a building company, named salman sajad construction company (SSCC). In order to construct a new building for local community. Arshad, the owner of different companies 1.SSCC, 2.unique mind, 3.modern techniques, 4.Business world, 5.master mind, drew up a sub contract between SSCC, modern techniques and Business world to undertake the construction work.

The story Salman sajad company promised to pay US$170,000 to each of the other two companies. Each of the aforementioned companies held an account with the same local bank. In January, Arshad made an application to the bank with a request to change the name of the accounts previously called ‘unique mind’ and ‘master mind’ to ‘modern techniques’ and ‘business world’.

Confused with the names of accounts. Arshad The owner of the following 5 companies Salman sajad construction company. Unique mind modern techniques Business world Master mind Showing subcontract between 3 companies. A subcontract with Modern techniques company A subcontract with Business world company

Confusion of changing the names of accounts Unique mind Master mind Business world Modern techniques Names before the applicationNames after the application submitted. In February the accounts were credited with US$340,000. In March, Arshad cancelled his application for the account name change. This means that modern techniques and business world companies they became unique mind and master mind once again. March, again change to it’s own names. March, again change to it’s own names Request by Arshad to change the names of these particular accounts. The companies in subcontract.

Transferring fund from company account to a personal account. In April, following Arshad’s instructions, US$340,000 were disbursed in cash from the accounts of unique mind and master mind to a friend of Arshad’s relatives – an unemployed man called Michael who was later found dead in suspicious circumstances. By confusing the account names, Arshad had managed to withdraw the money of AASHIANA Ltd without attracting undue attention from either the bank or the government.

The conclusion AASHIANA COMPANY A donation fund 600,000$. Salman Sajad Construction Company Unique mind Master mind SSCC in subcontract with these 2 companies Business world Modern techniques In the month of January, these two companies are changed by modern techniques and business world. 400,000$ transferred In the month of Feb. 340,000$ transferred Michel Fund transferred from these 2 companies to the personal account of friend of Arshad’s relatives. (in the month of April)

The conclusion Virtually no construction work was done during the period of January – April. Arshad has since disappeared, and the authorities have been unable to trace him. The US$340,000 has not been found, because Michael forwarded the amount to an unknown beneficiary and did not leave any trace. Given the fact that Michael is dead, it has been impossible for the FIU to trace the final destination of the money.

The indicator Rapid and contradictory changes to account names and/or beneficiaries.