The Flow of Illicit Funds: A Case Study Approach to Anti-Money Laundering Compliance

Money laundering is a serious crime that presents a heightened, yet underrated, global threat. The Flow of Illicit Funds provides compliance professionals, students, and anyone interested in financial crime with new insight into this highly elusive and often complex crime.In her book, Ola M. Tucker goes beyond the implementation of anti-money laundering compliance programs offered by most guides and provides professionals with a holistic understanding of the modern money laundering system. Using recent case studies, Tucker explains some of the most common money laundering techniques used by criminals today, describes the key role of the financial system in the disguise and transfer of illicit funds, and offers valuable insight into how financial institutions can protect themselves from being used as conduits for the movement of dirty money. The book concludes by offering suggestions to help compliance professionals better detect and deter money laundering.