CONSIDERATIONS REGARDING MONEY LAUNDRING
CONSIDERATIONS REGARDING MONEY LAUNDRING
Author(s): Ciprian GarleanuSubject(s): Politics / Political Sciences, Corruption - Transparency - Anti-Corruption
Published by: Regional Department of Defense Resources Management Studies
Keywords: money laundering; illegal business; legal;
Summary/Abstract: “To wash money” is an American expression which refers to the reinvestment in legal business of the money resulted from illegal business by the use of some complex internal and international financial circuits. In this way the money are practically removed from the offended area, hidden in one legal business accounts and then used by a legal company. This process is the nucleus of the main strategies of washing money as complex as they are.
Journal: Defense Resources Management in the 21st Century
- Issue Year: 5/2010
- Issue No: 5
- Page Range: 124-134
- Page Count: 11
- Language: English