Money Laundering Prevention : Deterring, Detecting, and Resolving Financial Fraud

By Jonathan E. Turner

The book begins by defining money laundering and explaining its process, which includes placement, layering, and integration.It discusses how money laundering is a global criminal business, with a focus on profit rather than the crime itself.The text highlights the global nature of money laundering and the challenges in combating it due to diverse legal and regulatory environments. It reviews the efforts to establish comprehensive anti-money laundering (AML) systems, particularly in financial institutions, and sets the stage for understanding the complexities and motivations behind money laundering activities.

John Wiley & Sons, May 4, 2011, 204 pages