In Practice
9557 Points
Joined December 2012
it is very difficult to identify whether the hold of an account is in the hands of the true person or not but keeping a close check can give you some hints.:
-u may go through the txns in an account and see whether the money is deposited and withdrawn in a day , or two- days gap
for eg, 50000 credited in a/c on 20.2.14 and the same amt dr from a/c on 21.2.14, if u find no. of such txns occuring frequently then it may indicate that the money is being circulated with some ulterior motive.
- u should be vigilant if u find any txns of a very high volume (amt) and should may enquire the customer about its source.