Successful money laundering schemes

Successful money laundering schemes often involve the use of multiple transactions that utilize more than one financial institution and recently the trend has been to use multiple jurisdictions. The use of borders is very helpful in blurring an audit trail because law enforcement agencies often face jurisdictional difficulties when investigations extend outside of their home countries.

Money laundering is a necessary consequence of almost all profit generating crime, and it can occur practically anywhere in the world. Generally, money launderers tend to seek out areas in which there is a low risk of detection due to weak or ineffective anti-money laundering regimes. Because the objective of money laundering is to get the illegal funds back to the individuals who generated them, launderers usually prefer to move money through areas with stable financial systems.