Money Laundering

Introduction The image of drug kingpins swimming in piles of cash, or corrupt officials stashing away suitcases full of bribe money, is a pervasive one. It fuels public outrage and shapes our perception of financial crime. We instinctively assume that all illicit wealth invariably funnels its way through the complex machinery of money laundering. However,…

Introduction Is it truly the illicit gains themselves that fuel the complex web of money laundering, or is something more fundamentally at play? The prevailing understanding paints a picture of crime profits as the central engine of money laundering. We are led to believe that the vast amounts of money generated from illegal activities automatically…