TBML Research — by NerousAnalysis and intelligence on trade-based money laundering: typologies, red flags, regulation, enforcement and detection.https://tbml.ai/enTrade Misinvoicing: The Mechanics Behind Illicit Flowshttps://tbml.ai/insights/trade-mis-invoicing-and-illicit-financial-flowshttps://tbml.ai/insights/trade-mis-invoicing-and-illicit-financial-flowsTrade misinvoicing involves the deliberate falsification of the value, volume, and/or type of commodity in an international transaction by at least one party involved.Sat, 01 Aug 2026 08:33:20 GMTExplainerexplainerillicit-flowsmis-invoicingOFAC's Sanctions Architecture and Its Relevance to Trade-Based Riskhttps://tbml.ai/insights/sanctions-evasion-through-trade-intermediarieshttps://tbml.ai/insights/sanctions-evasion-through-trade-intermediariesOFAC is the U.S. Treasury office that administers sanctions programs and maintains country-specific sanctions information. OFAC sanctions programs can be either comprehensive or selective in scope.Fri, 31 Jul 2026 15:49:39 GMTSanctionssanctionstransshipmentevasionOver- and under-shipment: reconciling what was billed against what was carriedhttps://tbml.ai/insights/over-and-under-shipment-quantity-manipulationhttps://tbml.ai/insights/over-and-under-shipment-quantity-manipulationQuantity manipulation needs no price anomaly to work, which is why price benchmarking alone will never surface it. The reconciliation that does surface it uses weight, freight charges and container capacity to make the document set contradict itself.Sat, 25 Jul 2026 09:10:00 GMTTypologiestypologiesquantityshipmentreconciliationbill-of-ladingMultiple invoicing: the anomaly that exists only between two fileshttps://tbml.ai/insights/multiple-invoicing-typology-explainedhttps://tbml.ai/insights/multiple-invoicing-typology-explainedOne genuine shipment, billed more than once, usually through different banks. No individual payment is anomalous, which is the point: the discrepancy exists only in a comparison nobody is assigned to make.Sat, 25 Jul 2026 08:23:34 GMTTypologiestypologiesmultiple-invoicingmis-invoicingdocumentary-creditreconciliationOver- and under-invoicing: what a price benchmark has to control forhttps://tbml.ai/insights/over-and-under-invoicing-red-flagshttps://tbml.ai/insights/over-and-under-invoicing-red-flagsA unit price is only high or low relative to a comparison. Most price-variance findings collapse because the benchmark ignored the incoterm, the quantity, the HS level, or the period, not because the price turned out to be defensible.Wed, 22 Jul 2026 00:00:00 GMTRed Flagsred-flagsmis-invoicingpricingincotermsdetectionWhat is trade-based money laundering, and why it evades traditional controlshttps://tbml.ai/insights/what-is-trade-based-money-launderinghttps://tbml.ai/insights/what-is-trade-based-money-launderingTrade-based money laundering settles a real payment against a misstated fact. Every control in the chain can work exactly as designed and still not see the transfer, because no single control holds both records.Mon, 20 Jul 2026 00:00:00 GMTExplainerfundamentalstypologiestrade-financedocumentary-credit