Skip to main content
padlock icon - secure page this page is secure

A Response to Public Ignorance on Money Laundering

Buy Article:

$106.34 + tax (Refund Policy)

Money laundering is a growing problem which affects most countries in the world. It is a financial crime that often involves a complex series of transactions. However, this type of financial crime is not known to many people. This paper investigates the level of understanding about money laundering among the public. A better understanding on these destructive activities can prevent them from being involved. In addition, it can assist them in identifying the illegal activities and be investigation agencies watchdogs to inhibit the unlawful activities. The public should be informed on the impacts of money laundering activities so that further actions can be taken to combat this problem. A survey questionnaire and interview were conducted with two focus groups comprising officers from several government departments to elicit data on money laundering. Most participants did not understand what money laundering is all about and not even aware of the existence of an act that governs money laundering activities. The qualitative evidence collected indicates that money laundering activities bring about undesirable huge financial and ethical impacts to the country.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
No Metrics

Keywords: Government Departments; Money Laundering; Watchdogs

Document Type: Research Article

Affiliations: Universiti Teknologi MARA (UiTM) Melaka Branch, Alor Gajah Campus KM 26, Jalan Lendu 78000 Alor Gajah Melaka, Malaysia

Publication date: July 1, 2018

More about this publication?
  • ADVANCED SCIENCE LETTERS is an international peer-reviewed journal with a very wide-ranging coverage, consolidates research activities in all areas of (1) Physical Sciences, (2) Biological Sciences, (3) Mathematical Sciences, (4) Engineering, (5) Computer and Information Sciences, and (6) Geosciences to publish original short communications, full research papers and timely brief (mini) reviews with authors photo and biography encompassing the basic and applied research and current developments in educational aspects of these scientific areas.
  • Editorial Board
  • Information for Authors
  • Subscribe to this Title
  • Ingenta Connect is not responsible for the content or availability of external websites
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more