NEW TRENDS AND PERSPECTIVES IN THE MONEY LAUNDERING PROCESS

NEW TRENDS AND PERSPECTIVES IN THE MONEY LAUNDERING PROCESS

DUMITRACHE, ANA ALINA;MODIGA, GEORGETA;
challenges of the knowledge society 2011 Vol. 1 pp. 50-57
329
dumitrache2011newchallenges

Abstract

Due to its complexity, the crime of money laundering can be committed through a variety of methods which are in a constantly evolving. It seems that money launderers are always one step ahead of authorities. They find new and various ways to launder the proceeds of crime despite the efforts of the law enforcement authorities to develop the best tools to stop or at least to make difficult the criminal activity of money laundering. This study aims to analyze the latest money laundering typologies approaching online payment systems, virtual casinos, electronic auctions and Internet gambling.

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