The listed company takes services from vendor A and also vendor B.
Vendor B pays vendor A by cash which is his black money
Vendor B is inflating invoices and the listed company pays Vendor B by check
Is this money laundering ? both the company and vendor b are public listed companies operating in multiple countries,
I doubt it. it just seems to be a sleazy business practice. of course, the amount involved might make a difference.
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This might be a lot of things, money laundering is just one of them. In order to give you an accurate answer I would need to know a lot more facts. This is not the kind of thing that should be discussed over the internet. You should look for a lawyer in your area, retain that person and speak with her or him confidentially.
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It is very hard to follow your example. Vendor B owes money to Vendor A and pays in cash but inflates the amount that is owed? That seems to work to the detriment of Vendor B. Or Vendor B is inflating invoices to the listed company which is then paid in cash to Vendor A? Money laundering involves financial transactions using funds from specified unlawful activities, including fraud so it is possible that it is money laundering. At a minimum it sounds like fraud. But it is hard to say what is going on from your hypothetical.
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