noun a path or route that money follows from one person or organization to another, especially in a way that is illegal or dishonest
In finance, a money trail refers to a record of financial transactions that can be used to track the flow of money from its source to its destination.
In law enforcement, a money trail is crucial in investigating financial crimes such as money laundering or fraud, as it helps authorities trace the movement of illicit funds.
In forensic accounting, professionals use money trails to uncover financial discrepancies, analyze financial data, and provide evidence in legal proceedings.
In cases of tax evasion, authorities rely on money trails to identify hidden income or assets that have not been reported for tax purposes.
In asset recovery cases, a money trail is essential for locating and recovering assets that have been unlawfully acquired or hidden.
During corruption investigations, following the money trail can reveal illicit payments, kickbacks, or embezzlement schemes.
In the context of a writer, a money trail may refer to the financial transactions related to book sales, royalties, and other sources of income from writing.
For a psychologist, a money trail could refer to the financial records of their practice, including billing, insurance payments, and other income sources related to their professional services.
An accountant may use the term money trail to describe the process of tracking and analyzing financial transactions to ensure accuracy and compliance with regulations.
In the legal profession, a money trail can refer to the evidence of financial transactions that may be used in a case to prove or disprove a claim or allegation.
For an investigator, a money trail is the sequence of financial transactions that can be followed to trace the source and movement of funds in cases of fraud, money laundering, or other financial crimes.