Many of the techniques that drug traffickers and organized crime figures use to launder money are also employed by terrorist groups - as those involved in investigating the attacks of September 11, 2001 soon discovered. These techniques and their perpetrators have grown in number and sophistication, creating an urgent need for investigators to develop strategies that will help keep them one step ahead of the game.Authoritative and accessible, "Money Laundering: A Guide for Criminal Investigators, Second Edition" is based on the author's extensive experience in law enforcement. It provides a clear understanding of money laundering practices and explains the investigative and legislative processes that are essential in detecting and circumventing this illegal and ultimately dangerous activity. In addition to being an informative and straightforward resource for those investigating complex narcotics cases or other cases in which there is a financial component, this new edition addresses techniques used to track down the money trail of terrorists who are highly motivated, well-trained, organized, disciplined - and well-funded.What's new in the second edition: explains money laundering provisions under the U.
S. Patriot Act; explains how the changes in federal forfeiture law affect existing money laundering law; clarifies current legislation and how it affects money laundering investigation; outlines the basics as well as the emerging trends of terrorist financing; and, includes two new chapters on the investigation of terrorist activities.
Table of Contents
Introduction MONEY LAUNDERING CONCEPTS AND LAW Basic Concepts The Historical Context Federal Money Laundering Statutes The USA PATRIOT Act Money Laundering Forfeiture Related Federal Statutes International Money Laundering Control Efforts BASICS OF FINANCIAL INVESTIGATION Introduction to Financial Investigation Introduction to Books And Records Indirect Methods of Proving Income Business Operations Domestic Banking Banking Operations International Banking Money Transfer Systems Real Property Securities MONEY LAUNDERING CASES - INVESTIGATION Obtaining Financial Information Sources of Information Basic Money Laundering Schemes Diabolically Clever Laundering Schemes Fiendishly Complex Laundering Schemes Terrorism Financing Investigating Money Laundering Cases The Case File APPENDICES Glossary of Accounting and Money Laundering Terms Source De-Briefing Guide Forms Used in Money Laundering Cases Statutory Provisions Relating to Money Laundering Forfeiture and Terrorism Financing