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Money Laundering

MONEY LAUNDERING is an old business, as old as any other illicit business. Not until recently has money laundering been seen as the problem that it really is.

The effects of terrorism have brought money laundering to the public's attention as terrorists are funded usually through laundered money, one way or another. Money laundering is a pervasive problem in the United States, and throughout the world. Over the past couple of decades it has become clear that money laundering is a robust, corrosive, allconsuming and dynamic activity that has far reaching consequences and effects.

In order to understand the issue of money laundering one must first understand what it is: Money laundering is the process by which someone conceals the existence, illegal source, or illegal application of ...

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