Purpose: The criminal money laundering statutes grew out of the experience drug investigators had in tracking the proceeds of illegal drug transactions. Frequently, the cash was disguised as legitimate proceeds or hidden in a way that concealed the true owner and was then moved into the...

Purpose: Civil forfeiture is an increasingly common way for governments to relieve criminal wrongdoers of the proceeds of their crimes and to restore the property to the victims of the offense. The question that is asked, however, is this: Is civil forfeiture an essential tool that is needed to...

It is now common for criminals to generate proceeds of crime in one country and to transfer those proceeds to another country. For example, drug traffickers who generate enormous profits from the sale of cocaine and other controlled substances in the USA will employ professional money launderers...

Describes a new form of money laundering which does not involve proceeds of past crimes but clean money intended to be used to commit future crimes. Adduces the financing of terrorism as the obvious example: the cash for the attacks of September 11 may have been clean, but the purpose was...

Discusses the range of tools that US prosecutors have available to track down people financing terrorism and confiscating their money. Proposes a basic approach that focuses on more pedestrian offences than those specifically targeted at terrorism. Points out that traditional forensic techniques...

Purpose – This paper aims to discuss the issues about the recovery of the proceeds of crime, with emphasis on the USA situation. Design/methodology/approach – The paper first sets forth the rationale for Section 981(k) of the Patriot Act and the requirements the government must satisfy to...

Purpose – The paper is intended to illustrate the reasons why a legislature contemplating the enactment of a set of comprehensive asset forfeiture statutes to enhance the State's ability to recover the proceeds of crime should include provisions relating to in rem civil forfeiture....

Purpose – The purpose of this paper is to inform an international audience of the difficulties prosecutors in the USA have encountered in light of a decision of the US Supreme Court limiting the application of the federal anti‐money laundering statute to cases where a criminal enterprise...