NCJ Number
178743
Date Published
1999
Length
483 pages
Annotation
This volume was written by a narcotics investigator/supervisor and a special agent for the Internal Revenue Service to provide police professionals with a clear understanding of money laundering practices, legislation, and investigative techniques.
Abstract
The text uses case studies to establish a historical perspective on money laundering and to demonstrate the progressive changes in its methods through the years. It notes that money laundering is a nearly universal part of almost any crime involving money and that financial investigative techniques can be used to resolve crimes involving piracy, kidnapping, murder, drug trafficking, bootlegging, prostitution, gambling, espionage, and extortion. The authors also note that the traditional investigative techniques of interviewing, surveillance, informants, searches and seizures, and undercover operations are essential parts of a money laundering case. Individual sections explain basic concepts of money laundering, Federal and State laws on money laundering, and international money laundering control. Further sections detail the basics of financial investigation, including review of books and records, indirect methods of proving income, analyses of banking operations, wire transfers, real property, and securities. Money laundering techniques are also detailed, with emphasis on investigative techniques to be used to uncover them. Figures; illustrations; index; appended glossary, debriefing guide, sample document search warrant, and sample forms; and 60 references