Поиск

Полнотекстовый поиск:
Где искать:
везде
только в названии
только в тексте
Выводить:
описание
слова в тексте
только заголовок

Рекомендуем ознакомиться

Остальные работы->Реферат
Some people say that you are a sum of all of your influences. For the most part, I agree with these people. I have had many influential people in my l...полностью>>
Остальные работы->Реферат
order and harmony. With the idea that people should live in harmony both with each other and with nature. To achieve this, Confucius created a system ...полностью>>
Остальные работы->Реферат
He was just years old.” He had a promising future ahead of him, a loving family. Many of friends will never forget his kindness and loyalty. The polic...полностью>>
Остальные работы->Реферат
Through out history there have been many pivotal court cases that have forever altered towns , states , and even some that have altered the history of...полностью>>

Главная > Реферат >Остальные работы

Сохрани ссылку в одной из сетей:

Money Laundering–The Process And Its Affects Essay, Research Paper

MONEY LAUNDERING THE PROCESS AND IT S AFFECTS

Money laundering is a process that many people do not understand. In fact, when I chose money laundering for my report, I thought that I chose counterfeiting. Money laundering and counterfeiting is not the same. Money laundering is the process by which large amounts of illegally obtained money (from drug trafficking, terrorist activity or other serious crime) is given the appearance of having originated from a legitimate source. Money laundering is a complex operation that affects everyone. The purpose of this paper is to explain the money laundering process and how it affects society.

Money laundering is not a single act but is more a complex operation that is completed in three basic steps. The first step is placement, the second step is layering, and the third step is integration.

The first step, placement, is to take the moneys and place them into the financial system, the retail economy, or smuggle them out of the country. The aims of the launderer are to remove the cash from the location of acquisition so as to avoid detection from the authorities and to then transform it into other asset forms; for example: travelers checks, postal orders, etc.

The second step, layering, is the first attempt to conceal or disguise the source of the ownership of the funds by creating complex layers of financial transactions designed to disguise the audit trail and provide anonymity. The purpose of layering is to disassociate the illegal moneys from the source of the crime by purposely creating a complex web of financial transactions aimed at concealing any audit trail as well as the source and ownership of the funds.

The third step, integration, is the stage at which the money is integrated into the legitimate economic and financial system and is assimilated with all other assets is the system. The launders making it appear to have been legally earned accomplishes integration of the cleaned money into the economy. Three popular methods of doing this are the establishment of anonymous companies, the sending of false import-export invoices, and transferring the money from a bank owned by the launders to a legitimate bank.


Загрузить файл

Похожие страницы:

  1. Money Laundering Essay Research Paper Introduction Although

    Реферат >> Остальные работы
    ... money laundering is, international efforts to combat money laundering, the effects that money laundering ... of countermeasures against money laundering.Money laundering draws thousands ... stiffer penalties for money laundering.Money laundering investigations are ...
  2. Money Laundering Essay Research Paper Financial Accounting

    Реферат >> Остальные работы
    ... For Financial Services Assignment Money Laundering The word money laundering, according to the myth ... implement the EC Money Laundering Directive. There are five money laundering offences. These are ...
  3. Money And Information Essay Research Paper

    Реферат >> Остальные работы
    ... thus rendering the task of money laundering extremely simple. European organised crime ... important new method for fighting money laundering, called Gianos. It is a computer ... or it is legalised through money laundering. Although organised crime existed before ...
  4. Оффшорный бизнес сущность и перспективы развития

    Реферат >> Экономика
    ... разработало программу Global Program against Money Laundering. Eвропейским союзом в декабре ... отмыванием денег – EU Anti-Money Laundering Directive. Рекомендации FATF рассматриваются в ... Financial Action Task Force on Money Laundering (FATF). Цель деятельности ...
  5. Перспективы развития оффшорной деятельности

    Реферат >> Экономика
    ... Eastern and Southern African Anti-Money Laundering Group – ESAAMLG); в Южной ... организациями разработало программу Global Programme Money Laundering. ЕС в декабре 2001г. ... борьбе с отмыванием денег – EU Anti-Money Laundering Directive. В целом, с точки ...

Хочу больше похожих работ...

Generated in 0.0024561882019043