430 pages | 200 B/W Illus.
Many changes have occurred in the twenty-five years that have passed since the enactment of the Money Laundering Control Act of 1986. The law has been amended, new underlying crimes have been added, and court decisions have modified its scope. The Act remains an important tool in combating criminal activity. Now in its third edition, Money Laundering: A Guide for Criminal Investigators covers the basics of finding ill-gotten gains, linking them to the criminal, and seizing them. Providing a clear understanding of money laundering practices, it explains the investigative and legislative processes that are essential in detecting and circumventing this illegal and dangerous activity.
Highlights of the Third Edition include
Knowledge of the techniques used to investigate these cases and a full understanding of the laws and regulations that serve as the government’s weapons in this fight are essential for the criminal investigator. This volume arms those tasked with finding and tracing illegal proceeds with this critical knowledge, enabling them to thwart illegal profiteering by finding the paper trail.
"John Madinger, who has extensive experience as an IRS criminal investigator, has written an outstanding introduction to the complex world of money laundering. It includes interesting sections on the history of money and of money laundering along with other forms of financial crime."
—Security Management June 2013
The Historical Context
Federal Money Laundering Statutes
The USA PATRIOT Act
Money Laundering Forfeiture
Related Federal Statutes
International Money Laundering Control
Introduction to Financial Investigation
Introduction to Books and Records
Indirect Methods of Proving Income
Obtaining Financial Information
Sources of Information
Basic Money Laundering Schemes
Diabolically Clever Laundering Schemes
Fiendishly Complex Money Laundering Schemes
Fraud and Money Laundering Issues
Investigating Money Laundering Cases
The Case File
Appendix A: Glossary of Terms Used in Money Laundering Cases
Appendix B: Source Debriefing Guide
Appendix C: Subpoena Templates
Appendix D: Bank Secrecy Act Forms
Appendix E: Money Laundering Forfeiture Statutes
Appendix F: List of Specified Unlawful Activities (SUAs)
Appendix G: Federal Statutes Relating to Terrorist Financing