KEY COMMENT: An Overview

Abstract

Nobody knows how much money derived from drug trafficking, fraud, pornography, prostitution, smuggling and corruption is laundered every year through the financial system. Estimates vary from $500bn to $1,000bn. It could be more.

Citation

Staple, G. (1998), "KEY COMMENT: An Overview", Journal of Money Laundering Control, Vol. 1 No. 3, pp. 206-207. https://doi.org/10.1108/eb027140