Money-Laundering: Pavlov's Dog and Beyond
Author: van Duyne, Petrus C.
Source: Howard Journal of Criminal Justice, Volume 37, Number 4, November 1998 , pp. 359-374(16)
Abstract:This article examines the phenomenon of money-laundering as a form of criminal money-management. It elaborates some of the pitfalls of the official approach as set out by the Financial Action Task Force report and the lost opportunities concerning understanding of the cross-border money-flows in north-western Europe. It describes the relationship between crime-money and the upperworld, questions the magnitude of the supposed financial infiltration and gives an example of a positive use of criminal funds. The final section discusses the role of the financial investigator.
Document Type: Research article
Publication date: 1998-11-01