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Money Laundering, 3rd Edition
book

Money Laundering, 3rd Edition

by John Madinger
December 2011
Intermediate to advanced content levelIntermediate to advanced
430 pages
24h 30m
English
CRC Press
Content preview from Money Laundering, 3rd Edition
6 Money Laundering: A Guide for Criminal Investigators, Third Edition
Many placement mechanisms are directed at positioning
the funds in a bank or nancial institution. This represents
a trade-off for the launderer: The upside is that all that cash
has now become just another electronic blip in that vast sea
of money; the downside is that, once in the bank, a paper trail
is automatically begun—a trail that leads in two directions
from the initial deposit. (See Figure1.7 for an early example
of a paper trail.)
In the layering stage, launderers attempt to hide their
tracks on the paper trail. As the name implies, layers of
transa ...
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Publisher Resources

ISBN: 9781439869123