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Note
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Reference no. 9B04E007
Published by: Ivey Publishing
Originally published in: 2004
Version: 2004-03-19
Length: 21 pages
Data source: Published sources

Abstract

Money laundering is not an activity far removed from the corporate world; in fact, many organizations are unwittingly drawn into the web of money laundering with often damaging results. This note traces the history of money laundering, explores the different stages in the money laundering process, and investigates the growing phenomenon of cyber-laundering. Its intent is to raise awareness of the phenomenon as it relates to the corporate world and to help inform corporate personnel and business students how it might affect their workplace and their work lives.

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Abstract

Money laundering is not an activity far removed from the corporate world; in fact, many organizations are unwittingly drawn into the web of money laundering with often damaging results. This note traces the history of money laundering, explores the different stages in the money laundering process, and investigates the growing phenomenon of cyber-laundering. Its intent is to raise awareness of the phenomenon as it relates to the corporate world and to help inform corporate personnel and business students how it might affect their workplace and their work lives.

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