Money Laundering Essays (Examples)

Study Document

The Global Financial Crisis Money Laundering

Pages: 1 (347 words) Document Type:Essay Document #:73965112

money laundering: The Global Financial Crisis
There is disturbing evidence that money derived from the illegal sale of drugs was one of the primary means through which some banks remained solvent through the global financial … some banks remained solvent through the global financial crisis of 2008. According to Rajeev Syal of The Guardian, “Inter-bank loans were funded by money that originated from the drugs trade and other illegal activities,” resulting in the rescue of banks that otherwise could not have stayed solvent. … result of the drug trade. Unfortunately, this means that there may be an incentive not to be fully vigilant about the sources of money still necessary for some banks to thrive and underlines the dark side of the banking industry. It may also cause banks to subtly … to thrive and underlines the dark side of the banking industry. It may also cause banks to subtly……



Rajeev Syal, ‘Drug money saved banks in global crisis, claims UN advisor,’ The Guardian (London, 13 Dec 2009) accessed 13 September 2019

Study Document

Net Worth Theory And Corporate Fraud

Pages: 4 (1241 words) Sources: 4 Document Type:Essay Document #:90456467

Danske Bank's money laundering Scandal
Madinger (2006) points out that the net worth method is among the most common used in accounting forensics when it comes to … worth method is among the most common used in accounting forensics when it comes to detecting illegal income, such as by way of money laundering. The case of Danske Bank and its money laundering escapades from 2007 to 2015 through an Estonian branch where a quarter of a trillion dollars flowed is a prime example of a … In other words, assets were not aligning with income. Because 99% of the bank’s customers were non-Estonian customers, it was another signal of laundering.
After looking at assets, the next step is to use the same accounting techniques that the subject was using, and all items pertaining … to its income and that the holdings of the branch were different from what was being……



IRS. (2017). Retrieved from 

Madlinger, J. (2006). Money laundering: A guide for criminal investigators. CRC Press.

Milne, R. & Winter, D. (2018). Danske: anatomy of a money laundering scandal. Retrieved from 

Schwab, R. D. (1961). The Civil Aspects of the Net Worth Method. Wm. & Mary L. Rev., 3, 65.

Study Document

What Is Cybercrime And How To Deter It

Pages: 7 (2243 words) Sources: 5 Document Type:Research Paper Document #:58559500

… are monitoring what their employees are doing on their networks so that they can put a stop to white collar crime, such as money laundering or extortion or theft.
Thus, on the one hand technology makes it easier for cybercrime to occur these days, but on the other ……



Computer Hope. (2019). When was the first computer invented? Retrieved from 

Crane, C. (2019). 33 alarming cybercrime statistics you should know in 2019. Retrieved from 

Schjølberg, Stein. (2017). The History of Cybercrime (1976-2016). Books on Demand.

Statista. (2020). Global digital population. Retrieved from 

Taylor, R. W., Fritsch, E. J., Liederbach, J., Saylor, M. R., & Tafoya, W. L. (2019). Cyber crime and cyber terrorism. NY, NY: Pearson.

Study Document

Banking Industry Crimes

Pages: 6 (1933 words) Sources: 6 Document Type:Essay Document #:73861053

… is any criminal act that involves the holding up of a bank in a forceful manner with an intention of making away with money or other related gain. Violent bank robberies have been on a steep decline over the last few decades. Towards this end, the types … a general perspective, financial crimes involving banks could be inclusive of, but they are not limited to; information and identity theft, insider trading, money laundering, electronic crime, and fraud. These could be perpetrated by both employees and their collaborators as well as by outsiders. From a micro perspective, ……



Albrecht, W.S., Albrecht, C.C., Albrecht, C.O. & Zimbelman, M.F. (2008). Fraud Examination (3rd ed.). Mason, OH: Cengage Learning.

Dionne, B. (2020). Regions Bank Teller Accused of Stealing Customer Identities Faces Felony Charges. Retrieved 

Golden, T.W., Skalak, S.L. & Clayton, M.M. (2006). A Guide to Forensic Accounting Investigation. Hoboken, NJ: John Wiley & Sons.

Krancher, M., Riley, R. & Wells, T.J. (2010). Forensic Accounting and Fraud Examination. Hoboken, NJ: John Wiley & Sons.

Singleton, T.W., Singleton, A.J. & Bologna, R.J. (2006). Fraud Auditing and Forensic Accounting (3rd ed.). Hoboken, NJ: John Wiley & Sons.

Zagaris, B. (2010). International White Collar Crime: Cases and Materials. New York, NY: Cambridge University Press.

Study Document

Transnational Feminism And Sexual Politics

Pages: 2 (711 words) Sources: 4 Document Type:Essay Document #:31982497

… thrives since the perpetrators make use of well-organized criminal syndicates that use an array of complex and evasive tactics to evade the law. money is channeled back to the country through elaborate money-laundering schemes using underground banks. Prostitution has now become a globalized commodity with women being forced to partake in the trade against their wishes ……



Brewer, D. (2009). Globalization and human trafficking. Topical Research Digest: Human rights and human trafficking, 2009, 46-56.

Griffith, A. (May 02, 2017). Stop “Saving” Women: A Transnational Feminist Approach. Retrieved from

Valoy, P. (January 28, 2015). Transnational Feminism: Why Feminist Activism Needs to Think Globally. Retrieved from 

Watson, C. (June 18, 2009). The globalization of sex. Retrieved from 

Study Document

Self Regulation Proposal

Pages: 6 (1825 words) Sources: 6 Document Type:Essay Document #:60406308

...Money laundering Response to Self-Regulation Proposal
Standards and Culture in Self Regulation
The pitfalls of self-regulation are not unknown: object lessons abound in Tyco, WorldCom, Enron, Arthur Andersen, and several others (Pritchard, 2003). What to make then of a proposal for the implementation of self-regulation, thus decreasing regulatory oversight of our company? On the one hand, few firms are going to reject such a proposal as it means less red tape for them; on the other hand, compliance is culture and a culture without it can quickly turn into a slippery slope down the same path taken by the companies already mentioned. Yet, as Omarova (2011) points out, an industry without self-regulation is one unlikely to address the problems that plague it: at some point, accountability and firm responsibility is needed to address issues that by and large elude regulators by more than a few paces. The problem of relying regulators……



Arner, D. W., Barberis, J., & Buckey, R. P. (2016). FinTech, RegTech, and the reconceptualization of financial regulation. Nw. J. Int'l L. & Bus., 37, 371.

Arnone, M., & Padoan, P. C. (2008). Anti-money laundering by international institutions: a preliminary assessment. European Journal of Law and Economics, 26(3), 361-386.

Greene, E., & Odorski, C. (2015). SEC enforcement in the financial sector: addressing

Omarova, S. T. (2010). Rethinking the future of self-regulation in the financial industry. Brook. J. Int'l L., 35, criticism. Bus. L. Int'l, 16, 5.

Omarova, S. T. (2011). Wall street as community of fate: Toward financial industry self-regulation. University of Pennsylvania Law Review, 159(2), 411-492.

Pritchard, A. C. (2003). Self-regulation and securities markets. Regulation, 26, 32.


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