The Washing Machine: How Money Laundering and Terrorist Financing Soils Us

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The Washing Machine: How Money Laundering and Terrorist Financing Soils Us image
ISBN-10:

1587991594

ISBN-13:

9781587991592

Author(s): Kochan, Nick
Edition: 1
Released: May 24, 2005
Format: Hardcover, 325 pages
Related ISBN: 9780715636114

Description:

The Washing Machine is an intriguing book that takes the reader deep inside the world of money laundering and shows it to be a highly sophisticated, global business that poses a serious and systemic threat to the world's financial institutions, as well as the global economy. Investigative journalist and financial expert Nick Kochan profiles the perpetrators, the investigators, and explains the methods employed by international criminals and terrorists to turn dirty money into untraceable wealth. The effort to stop this sinister financial pipeline to terrorist activities is one of the highest profile law enforcement activities in the world at present. Will we lose this battle? The Washing Machine reveals that the dual forces of globalization and a lack of true international cooperation are playing directly into the hands of the criminals.

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