MONEY LAUNDERING BY MEANS OF OFFSHORE COMPANIES
MONEY LAUNDERING BY MEANS OF OFFSHORE COMPANIES
Author(s): Dragoș-Andrei NedelcuSubject(s): Criminal Law
Published by: Editura Hamangiu S.R.L.
Keywords: offshore; money laundering; criminality; financial systems; bank secret; fiscal havens;
Summary/Abstract: When a criminal activity generates significant profits, the individual or group involved must find a way to control the funds without drawing the attention on the activity concerned or on the persons involved. The criminals manage to hide these resources, changing their form or redirecting the funds to a place where it is less likely that they can draw the attention onto them.
Journal: Analele Universității Titu Maiorescu
- Issue Year: XVIII/2019
- Issue No: XVIII
- Page Range: 173-185
- Page Count: 12
- Language: English
