Suspected Money Laundering Cases in Switzerland in 2010

In 2010, over 1,000 suspected cases of money laundering were reported by banks to financial regulators in Switzerland.

The reported cases involved $79 Million (847 Million Swiss Francs).  The number of money laundering cases reported was up 29 percent from 2009.

Source: AFP, “Suspected money laundering up 29%: Swiss police,” Expatica.com, April 28, 2011.