Russia: Organised Crime and Money Laundering

Abstract

Russia‐related money laundering is often mentioned in the international press and reports of government agencies as a serious problem in international financial and banking security. However, very few publications study the problem in detail. Particularly scarce are those which reveal the roots of the phenomenon, its real spread and relevance, as well as techniques and laundering schemes. Knowledge is also very limited about how Russian authorities and law enforcement agencies are combating the legalisation of illicit funds. The goal of this article is to look at the problem of Russia‐related money laundering comprehensively, offering the reader the vision of someone in the battlefield, rather than that of a detached observer.

Citation

Fituni, L.L. (1998), "Russia: Organised Crime and Money Laundering", Journal of Money Laundering Control, Vol. 1 No. 4, pp. 360-373. https://doi.org/10.1108/eb027162