Laundering by abuse international Trade (in Dutch)


Translated text:

Laundering seeks the illegal origin of black money or other assets to hide. Al Capone, the famous gangster from Chicago, put in twenties and thirties of the last century illicit proceeds of alcohol production during the American Prohibition in revenue from its laundries, that the transformation from black to white money money laundering has been given his name. Money can take many forms: endless criminal revenues worldwide from one bank account to another books from the origin is no longer available, pretending to have money playing gambling, or false invoices for input and output formats to transfer money to other countries bring. Therefore, international financial transactions closely: banks must suspect transactions and reporting to meet duty of care regulations. ZDANOWICZ (2009) sees international trade as an important channel for escape launderers. By making use of false invoices that the value of imports and exports over-or underestimated, may gain or loss from one country to another shift. This form of money stashed in international trade is called trade-based money laundering (TBML).

Because laundering of money derived from criminal activities happening in secret, there are little or no data available for the purposes of policies or estimates of its size. Some estimates are based on models whose parameters can not be estimated but are pinned on plausible values. Especially in some respects related to the gravitational models of Walker (1995, 1999) and Walker and Unger (2009) have caught on as a framework to flows of money laundering mapping. Due to lack of data could hitherto not be determined how reliable such models.

Link to the detailed report (in Dutch):  Witwassen door misbruik internationale handel