Black Market Peso Exchange (BMPE)

Black Market Peso Exchange (BMPE) is a way of laundering money, or to make illegitimately earned monies seem legit, hiding the criminal activity that created the income.

Diagram of Black Market Peso Exchange from Chase & Associates, Inc.

It is really no different than other common forms of laundering money but a term was created to capture the massive amount of activity that takes place to clean drug money.


About the Author: Marcus Maltempo is a compliance professional with more than a decade of experience helping banks, law firms and clients manage investigations and regulatory responses.


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