Internet, Casinos and Money Laundering

Journal of Money Laundering Control

ISSN: 1368-5201

Publication date: 1 April 1998

Abstract

Money laundering, casinos and the Internet may become unavoidably intertwined in the next decade. Money laundering is the process by which criminals transform the money that they receive from criminal activities into funds that appear to have been generated by lawful means and cannot be traced by law enforcement to their illicit sources. While the magnitude of money laundering is unknown, law enforcement authorities estimate that it consists of an annual $100bn‐$300bn in US currency, and a rough estimate of an ‘annual worldwide … range of $300 to $500 billion’.

Citation

Cabot, A. and Kelly, J. (1998), "Internet, Casinos and Money Laundering", Journal of Money Laundering Control, Vol. 2 No. 2, pp. 134-147. https://doi.org/10.1108/eb027180

Download as .RIS

Publisher

:

MCB UP Ltd

Copyright © 1998, MCB UP Limited

Please note you might not have access to this content

You may be able to access this content by login via Shibboleth, Open Athens or with your Emerald account.
If you would like to contact us about accessing this content, click the button and fill out the form.
To rent this content from Deepdyve, please click the button.