The Washing Machine: How Money Laundering and Terrorist Financing Soils Us - Hardcover

Kochan, Nick

Hardcover

ISBN 10: 1587991594 ISBN 13: 9781587991592

Publisher: Texere Publishing, 2005

Synopsis

Understand the intricacies of money laundering with THE WASHING MACHINE; HOW MONEY LAUNDERING AND TERRORIST FINANCING SOILS US! This text takes you deep inside the world of money laundering and shows it to be a highly sophisticated, global business that poses a serious and systemic threat to the world's financial institutions, as well as the global economy. Investigative journalist and financial expert Nick Kochan profiles the perpetrators, the investigators, and explains the methods employed by international criminals and terrorists to turn dirty money into untraceable wealth.

About this title

Product Description

The Washing Machine This work takes the reader deep inside the world of money laundering and shows it to be not only a highly sophisticated, global business worth trillions of dollars, but also a business which poses a serious and systematic threat to entire Western economies.

From the Publisher

KEY SELLING POINTS

· With the investigative track record of the author and his financial expertise, The Washing Machine is a fascinating insight into — and explanation of — the murky world of illegal financial dealings and the sometimes heroic attempts to combat them.
· Money laundering is big business that should concern us all. More than US$25 billion is laundered every year in the U.S. drug industry alone. Add in the global value of smuggled arms, cigarettes, and people and that figure rises to US$2 trillion.
· Kochan points out that dirty money is not restricted to Mafia-style organized crime but also circulates throughout "legitimate" activities — like business and banking.

Edition details

• Publisher: Texere Publishing
• Publication date: 2005
• ISBN 10: 1587991594
• ISBN 13: 9781587991592
• Binding: Hardcover
• Language: English
• Number of pages: 356