Top positive review
14 people found this helpful
Interesting, diverse and well researched
on 11 December 2002
Money-laundering can often seem an esoteric, victimless crime .... sufficiently detached from the original actions to be fairly irrelevant. This author is a passionate believer the opposite is true and his book is very much a manifesto for world governments to wake up to the scale and effects of the problem.
The book is arranged as a series of very detailed descriptions of large scale criminal enterprises and the investigations and stings to bring them down.
It isn't really about money-laundering specifically, but about the crime and criminal enterprises that both rely on and support money-laundering activity. That makes some sense, as the author is keen to stress, money laundering is the life blood of most other crimes as well as a crime itself and to understand it properly we need really to understand where the money is coming from and the consequences of the criminals succeeding in their laundry.
What the book doesn't do is give away much technical explanation of what money laundering is or how it is carried out. Just enough is provided to understand the nature of most of the operations detailed, and how they came to be exposed. More might have been interesting, but probably would have made the book a bit turgid.
What is given are wonderfully researched and engagingly written essays about some very well known operations (Brinx Matt, Central American drug cartels) and some remarkably interesting lesser known ones (Saddam Hussien disposing of his Kuwaiti spoils).