Legal protections for creations of the mind, such as inventions, literary and artistic works, designs, and commercial symbols. They represent intangible assets with measurable value, transferable through sales or licensing agreements, and can contribute significantly to business valuation.
Main/
Intellectual Property (IP) Rights
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Code
IN0046
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Name
Intellectual Property (IP) Rights
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Version
1.0
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Category
Intangible/Non-Physical Property
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Created
2025-02-04
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Modified
2025-04-02
Related Techniques
- Criminals exploit intangible entertainment assets (e.g., film or music rights) by falsifying or inflating licensing deals, sponsorships, or royalty agreements.
- These transactions may span multiple jurisdictions, complicating revenue verification and due diligence.
- The often subjective valuation of IP helps disguise illicit funds as legitimate proceeds from creative works or licensing activities.
- Criminals exploit player image rights, classified as intellectual property, by funneling payments labeled as royalties or licensing fees through offshore or multi-layered entities.
- This structure obscures beneficial ownership and masks the actual source of illicit funds under legitimate-looking sports branding or endorsement agreements.
- Criminals re-characterize illicit funds as legitimate licensing or endorsement fees for an athlete’s name, likeness, or brand. By inflating or fabricating these IP rights agreements, they disguise illegal proceeds as purported royalties or sponsorship income.
- The lack of standardized accounting rules allows suspicious payments to flow through clubs or intermediaries under the guise of commercial IP transactions, effectively layering illicit funds into the sports economy.
- Criminals exploit intangible asset valuations (e.g., patents, trademarks, or royalty agreements), artificially inflating or undervaluing them to shift funds between entities.
- Inflated licensing fees and royalties appear legitimate on corporate books but actually facilitate the cross-border movement of illicit proceeds.
- Since the intangible nature of intellectual property makes valuation subjective, it provides an ideal vehicle for hiding and reallocating funds in complex inter-company structures.