Round Tripping

“People who are determined to commit financial fraud know how to confuse and mislead auditors and with money going from one investment vehicle to another through different jurisdictions, this kind of fraud is frightfully difficult to expose and usually depends on someone on the inside leaking information to the authorities.”

The on-going criminal breach of trust case involving City Harvest Church has garnered lots of attention in Singapore.  We came across this article, in which the above quote came from,  explaining the concept of round tripping very well.