Cash In Criminal Activity
Paper currency is a facilitator and motive for most of the major categories of crime, such as drug trafficking, human trafficking, illegal gambling, counterfeiting, money laundering, robbery, illegal arms trading and terrorism. Currency used in these undertakings is often recycled and maintained within criminal enterprises and is a main source of financing. Because of the link between cash and illicit activity, law enforcement needs to leverage available information and technology related to the tracking of currency.
To identify crime patterns and interdict crime, cash can be a valuable tool for law enforcement. One method of using cash to apprehend criminals is to conduct undercover sting operations using these bills as “buy” money. Bills that have previously been confiscated, processed and recorded can lead to criminals much in the same manner as a GPS tracking device. To exponentially increase the effectiveness of law enforcement’s ability to detect crime through currency tracking, CTT has developed powerful applications and a secure network which allow inter-agency sharing and cross-matching of data. In the past, the linking of criminal activity and crime networks to seized cash has been a challenge for law enforcement, as criminals took advantage of the disconnect between agencies and their exchange of information.