MONEY LAUNDERING DETECTION METHODS IN THE MODERN FIGHT AGAINST CRIME ORGANIZED AND FINANCIAL CORRUPTION

Bexheti, Irfan (2024) MONEY LAUNDERING DETECTION METHODS IN THE MODERN FIGHT AGAINST CRIME ORGANIZED AND FINANCIAL CORRUPTION. JUSTICIA International Journal of Legal Sciences, 12 (21-22). pp. 164-176. ISSN 2545-4927

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Abstract

The detection of money laundering is an essential aspect in the modern fight against organized crime and financial corruption. Money laundering is a procedure used by criminals to disguise the legal source of ill-gotten gains and integrate them into the legal economy. In this essay, we will explore the meaning and methodology of money laundering detection. The initial purpose of the money laundering detection methodology is to identify and track suspicious financial transactions and activities of individuals and legal entities. Various techniques and tools are used for this, including financial monitoring of transactions, analysis of financial documents and investigation of ownership and assets. One of the most important aspects of the methodology for detecting money laundering is the analysis of financial transactions. Criminal investigators investigate all transactions of suspicious persons and organizations, to identify transactions that occur in the context of money laundering. Investigating ownership and assets is another critical part of the money laundering detection methodology. This includes checks on the properties and assets of suspicious individuals and organizations. Investigators look into property, patents, company ownership and other assets to prove the links between them and the origin of the money. In conclusion, the methodology for detecting money laundering is complex and very important in the fight against organized crime and financial corruption. Using the analysis of financial transactions, financial reports and documents, as well as the investigation of ownership and assets, criminals try to identify and prosecute money launderers and organizations. Using modern technology and international cooperation, the effectiveness of the methodology can be improved and more serious obstacles can be created for criminals trying to use it to hide illegal capital.

Item Type:	Article
Uncontrolled Keywords:	Method, investigation, crime, criminal investigator, money laundering, false documents, transactions, modern money laundering, crime, criminality, corruption, organized crime, suspicious organizations
Subjects:	K Law > K Law (General)
Divisions:	Faculty of Law, Arts and Social Sciences > School of Law
Depositing User:	Unnamed user with email zshi@unite.edu.mk
Date Deposited:	08 Oct 2024 10:08
Last Modified:	08 Oct 2024 10:08
URI:	http://eprints.unite.edu.mk/id/eprint/1835

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