Purpose – Sets out to examine the dangers of money laundering as a consequence of natural disasters. Design/methodology/approach – Lists the potential abuses and scans to which unscrupulous manipulators will resort in order to profit from natural disasters. Findings – Finds that criminal groups have established networks and sophisticated technology to effectively carry out their activities. Originality/value – This is a detailed and eye‐opening revelation of the various criminal opportunities for money laundering spawned by natural disasters.
Journal of Money Laundering Control – Emerald Publishing
Published: Apr 1, 2006
Keywords: Money laundering; Natural disasters