Dirty Dealing: The Untold Truth about Global Money

Dirty Dealing: The Untold Truth about Global Money

Dirty Dealing: The Untold Truth about Global Money Laundering, International Crime and Terrorism ❮EPUB❯ ✷ Dirty Dealing: The Untold Truth about Global Money Laundering, International Crime and Terrorism Author Peter Lilley – Capitalsoftworks.co.uk Over US trillion in dirty money is washed and moved around the world every year, much of it by organized crime syndicates grossing than many developed economies Dirty Dealing exposes the awesome scal Over UStrillion The Untold eBook ↠ in dirty money is washed and moved around the world every year, much of it by organized crime syndicates grossing than many developed economies Dirty Dealing exposes the awesome scale and scope of global money laundering and its filtration into the world s legitimate business structures Learn about this frightening underworld and how highly sophisticated criminal organizations and terrorist groups are undermining the economies of many countries, their financial systems, governments and businesses.


10 thoughts on “Dirty Dealing: The Untold Truth about Global Money Laundering, International Crime and Terrorism

  1. Philippe Philippe says:

    Money laundering is the engine behind the ever expanding scourge of global organised crime After reading this book one has an appreciation of the magnitude of the problem and a basic understanding of the mechanics behind laundering Money laundering is conceptually fairly simple As Lilley confirms there have been developed no truly new vehicles for money laundering since the early days when criminals washed their proceeds by mingling them with clean money from businesses with high cash turnove Money laundering is the engine behind the ever expanding scourge of global organised crime After reading this book one has an appreciation of the magnitude of the problem and a basic understanding of the mechanics behind laundering Money laundering is conceptually fairly simple As Lilley confirms there have been developed no truly new vehicles for money laundering since the early days when criminals washed their proceeds by mingling them with clean money from businesses with high cash turnovers such as launderettes The internalisation of the business environment, the proliferation of sophisticated financial instruments, the speed of new technology, and the removal of intra EU border controls are factors that contribute to the widening repertoire of launderers, going beyond banks to include the global world of business Despite this surface complexity it appears that schemes remain variations on a few basic old themes These methods encompass surprisingly simple mechanisms as hard cash deliveries and invoices for fictitious consultancy services to complex multi jurisdictional offshore structures Anonimity or false identity is the pivotal element in all Complicity of high level officials and decision makers and lax oversight procedures from financial institutions help tremendously in lowering the transaction costs for criminals and increasing them for law enforcement Reining in money laundering is given the geographical scope of the dealings, the seamless meshing with the legal economy, the superficial diversity of schemes, and the enormous volumes of cash involved a significant challenge It relies to a large extent on a soft approach, sensitising banks, businesses and their employees to take personal responsibility in reporting suspicious transactions Opportunism and greed make this very hard to do.Lilley s book reads like a kind of consultancy report, suitable for quick access to the facts insofar as known but it is not a great literary treasure Sometimes it lookslike a dressed up powerpoint presentation, with lists of bullet points to summarise key facts There s a fair amount of repetition as well I guess the book could be quite easily condensed to two thirds of its present volume Surprisingly, Lilley discusses some of the better known laundering setups such as the black market peso exchange system, or the Bank of New York case very summarily A book such as Nick Kochan s The Washing Machine does a better job here.Common to much of the laundering literature is the paradoxical feeling that, although laundering is conceptually simple despite the occasional technical complexity , it remains hard to grasp exactly how the washing ties into the criminals business models For example, why exactly are International Business Corporations the key laundering vehicles for drug traffickers What other instruments to they use What other criminal entrepreneurs make use of IBCs A simple typology of laundering mechanisms derived from a few basic operational principles and linked into logic of various type s of illicit business could be of great help here Maybe the authors are hard to fault as the details of these setups are probably not even known or privy to criminal investigators The suggestion to draw up a clear typology may also run counter to Lilley s assertion that laundering is just as likely to be a self perpetuating cycle or continuum as opposed to a clearly definable process with a discernible beginning and conclusion Despite this assertion it seems still a good idea to systematise the book s ideas in a few clear conceptual frameworks.Lilley s book is useful as a broad, general survey of laundering and terrorist financing, which is of a different nature , but one will have to read further afield to get a better understanding for how laundering and trafficking mesh in creating viable, criminal business models


  2. TJ TJ says:

    Very comprehensive approach by Peter Lilley in terms of his research on money laundering itself It would be suitable as a starting read to have an idea of money laundering for novice.


  3. trickgnosis trickgnosis says:

    Couldn t even make much headway with this I d lay odds it was a powerpoint presentation turned into a book He should have hired a journalist to ghostwrite it for him.


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10 thoughts on “Dirty Dealing: The Untold Truth about Global Money Laundering, International Crime and Terrorism

  1. Philippe Philippe says:

    Money laundering is the engine behind the ever expanding scourge of global organised crime After reading this book one has an appreciation of the magnitude of the problem and a basic understanding of the mechanics behind laundering Money laundering is conceptually fairly simple As Lilley confirms there have been developed no truly new vehicles for money laundering since the early days when criminals washed their proceeds by mingling them with clean money from businesses with high cash turnove Money laundering is the engine behind the ever expanding scourge of global organised crime After reading this book one has an appreciation of the magnitude of the problem and a basic understanding of the mechanics behind laundering Money laundering is conceptually fairly simple As Lilley confirms there have been developed no truly new vehicles for money laundering since the early days when criminals washed their proceeds by mingling them with clean money from businesses with high cash turnovers such as launderettes The internalisation of the business environment, the proliferation of sophisticated financial instruments, the speed of new technology, and the removal of intra EU border controls are factors that contribute to the widening repertoire of launderers, going beyond banks to include the global world of business Despite this surface complexity it appears that schemes remain variations on a few basic old themes These methods encompass surprisingly simple mechanisms as hard cash deliveries and invoices for fictitious consultancy services to complex multi jurisdictional offshore structures Anonimity or false identity is the pivotal element in all Complicity of high level officials and decision makers and lax oversight procedures from financial institutions help tremendously in lowering the transaction costs for criminals and increasing them for law enforcement Reining in money laundering is given the geographical scope of the dealings, the seamless meshing with the legal economy, the superficial diversity of schemes, and the enormous volumes of cash involved a significant challenge It relies to a large extent on a soft approach, sensitising banks, businesses and their employees to take personal responsibility in reporting suspicious transactions Opportunism and greed make this very hard to do.Lilley s book reads like a kind of consultancy report, suitable for quick access to the facts insofar as known but it is not a great literary treasure Sometimes it lookslike a dressed up powerpoint presentation, with lists of bullet points to summarise key facts There s a fair amount of repetition as well I guess the book could be quite easily condensed to two thirds of its present volume Surprisingly, Lilley discusses some of the better known laundering setups such as the black market peso exchange system, or the Bank of New York case very summarily A book such as Nick Kochan s The Washing Machine does a better job here.Common to much of the laundering literature is the paradoxical feeling that, although laundering is conceptually simple despite the occasional technical complexity , it remains hard to grasp exactly how the washing ties into the criminals business models For example, why exactly are International Business Corporations the key laundering vehicles for drug traffickers What other instruments to they use What other criminal entrepreneurs make use of IBCs A simple typology of laundering mechanisms derived from a few basic operational principles and linked into logic of various type s of illicit business could be of great help here Maybe the authors are hard to fault as the details of these setups are probably not even known or privy to criminal investigators The suggestion to draw up a clear typology may also run counter to Lilley s assertion that laundering is just as likely to be a self perpetuating cycle or continuum as opposed to a clearly definable process with a discernible beginning and conclusion Despite this assertion it seems still a good idea to systematise the book s ideas in a few clear conceptual frameworks.Lilley s book is useful as a broad, general survey of laundering and terrorist financing, which is of a different nature , but one will have to read further afield to get a better understanding for how laundering and trafficking mesh in creating viable, criminal business models

  2. TJ TJ says:

    Very comprehensive approach by Peter Lilley in terms of his research on money laundering itself It would be suitable as a starting read to have an idea of money laundering for novice.

  3. trickgnosis trickgnosis says:

    Couldn t even make much headway with this I d lay odds it was a powerpoint presentation turned into a book He should have hired a journalist to ghostwrite it for him.

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Your email address will not be published. Required fields are marked *