Dirty Dealing: The Untold Truth about Global Money Laundering, International Crime and TerrorismPraise and Reviews`Entertaining, well written and well presented.`JOHN MULQUEEN, The Irish Times`Paints an alarming picture of the power and scale of today`s crooked and corrupt financial world. Lilley has done his homework.`THE IOD`S DIRECTOR MAGAZINE`S `Choice of the Month``[Peter Lilley is] the leading British money laundering expert.`DAILY MAIL`Paints an alarming picture.`THE INSTITUTE OF DIRECTORSOver US$1.5 trillion in 'dirty' money is washed and moved around the world every year, much of it by organized crime syndicates grossing more than many developed economies. And amazingly all the facilities you need to launder money can be bought off the Internet.Dirty Dealing is the first book to truly expose the awesome scale and scope of global money laundering and its infiltration into the world's legitimate business structures. Peter Lilley lifts the lid on this murky and frightening underworld to reveal how highly organized and sophisticated criminal organizations and terrorist groups are seriously undermining the economies of many countries, their financial systems, governments and businesses. Full of incredible stories, facts and figures, it has been extensively revised and includes information on:the funding of international terrorism;major national and international criminal groups;the impact of the Internet and 'cyber laundering';anti-money laundering strategies for all types of businesses.A shocking and eye-opening account, Dirty Dealing is the first book to show how the proceeds of global organized crime are laundered throughout the world's banking systems to emerge without a hint of a stain, and more than likely into your bank account or pocket.CONTENTSPreface: My beautiful launderette1. In the beginning...2. The nth largest global business activity3. The nearest thing to alchemy4. Lost in the wash: the business of money laundering5. Complete anonymity6. Washed in space: cyber laundering in the 21st century7. The laundering of terror8. Whiter than white: the official response9. Coming clean: preventative strategies for business10. The final spinAppendix I: Country indexAppendix II: Web directoryAppendix III: Glossary of termsReferences and further readingIndex |
Contents
In the beginning | 1 |
The nth largest global business activity | 29 |
The nearest thing to alchemy | 49 |
the business of money laundering | 67 |
Complete anonymity | 93 |
cyber laundering in the 21st century | 115 |
The laundering of terror | 133 |
the official response | 151 |
preventative strategies for business | 175 |
The final spin | 187 |
Common terms and phrases
Al-Qaida anonymous anti-money laundering Antigua Antigua and Barbuda bank accounts banking system bearer shares beneficial owners cash casinos cent clients cocaine Colombia corruption is perceived countries where corruption country's credit card criminal activity currency customer identification dering domestic drug trafficking electronic money estimated FATF as non-cooperative FATF blacklist financial institutions fraud gangs global Government human trafficking IBCs identify illegal International Business Companies Internet investment involved Islands issued June jurisdictions key problem Laden law enforcement legitimate million money laun money laundering money laundering problems Named by FATF narcotics Nauru offences official offshore banks offshore centres offshore financial centres operate organized crime groups organized crime problems procedures proceeds of crime professional advisors prostitution relevant risk Russian mafia Russian organized crime smuggling survey by Transparency suspicious transaction reporting Switzerland tax haven terrorist tion trade transfers Transparency International United Kingdom various washing Whilst