To read this content please select one of the options below:

Crime scripting the criminal activities of money laundering – holistically

Nicholas Gilmour (University of Auckland, Auckland, New Zealand)

Journal of Money Laundering Control

ISSN: 1368-5201

Article publication date: 29 September 2021

Issue publication date: 18 April 2023

588

Abstract

Purpose

This paper aims to demonstrate the benefit of applying crime script analysis at a macro level to expose money laundering as an interconnected series of events that contradict understanding which defines money laundering as a series of typological studies.

Design/methodology/approach

Using previously captured data and detailed research studies alongside the professional experience of the author, this study creates a horizontal crime script for three distinct methods of money laundering – to determine characteristic nodes and identify pathways.

Findings

Despite significant research into money laundering typologies, this paper demonstrates that the process of money laundering cannot be separated into typological studies. By applying crime script analysis to each method of money laundering prior to analysing the nodes, activities and behaviours, money laundering can be identified as a series of interconnected services, business formalities and management activities.

Practical implications

This study is of value to government policymakers, regulators and financial institutions considering future preventative measures. It is also of value to financial investigators and law enforcement agencies intent on investigating money laundering. By applying the method of analysis outlined in this paper to each method of money laundering and then combining them together, it is possible to understand money laundering as a holistic process, in which webs of interconnected criminal events can be identified for investigative and preventative purposes.

Originality/value

Interest in crime script analysis is now supporting understanding of different crime types. This study goes beyond the analysis of individual types of money laundering and applies it in a “test format” against three methods of money laundering to create, for the first time, a holistic or macro appreciation of the interconnected series of events, activities and behaviours which exist beyond the characteristics routinely captured in money laundering typology reports.

Keywords

Citation

Gilmour, N. (2023), "Crime scripting the criminal activities of money laundering – holistically", Journal of Money Laundering Control, Vol. 26 No. 3, pp. 594-608. https://doi.org/10.1108/JMLC-09-2020-0109

Publisher

:

Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

Related articles