What legitimate criminal justice procedures may be used to interrupt the money-laundering methods described herein?

In this unit, you have learned about organized crime and its effect on business. For this assignment, you will be further exploring this topic. First, read the following information about how legitimate business ownership may be used for money laundering methods.

Dirty money can be added to the cash revenues of a legitimate business enterprise, particularly those that are already cash intensive, such as restaurants, bars, and rental stores. The extra money is simply added to the till. The cost for this laundering method is the tax paid on the income. With companies whose transactions are better documented, invoices can be manipulated to simulate legitimacy. A used car dealership, for example, may offer a customer a discount for paying cash, and then report the original sale price on the invoice, thus explaining the existence of the extra illicit cash. A slightly more sophisticated scheme may allow a criminal to profit twice in setting up a publicly traded front company with a legitimate commercial purpose—first from the laundered funds commingled with those generated by the business, and second by selling shares in this company to unwitting investors.

Then, compose an essay that analyzes the following issue.
What legitimate criminal justice procedures may be used to interrupt the money-laundering methods described herein?

In your answer, be sure to describe how organized crime entities use legitimate businesses as financial fronts. Also, analyze and argue your proposed procedures addressing both the positive and negative consequences of their implementation.

Your essay must be at least three full pages in length not counting the title and reference page, and it should use at least three academic sources from an Online Library. You should include an introduction and conclusion sections. Your paper must be formatted in APA style, and all information from outside sources must be cited and referenced in accordance to APA guidelines.


 

PLACE THIS ORDER OR A SIMILAR ORDER WITH BEST NURSING TUTORS TODAY AND GET AN AMAZING DISCOUNT

get-your-custom-paper

The post What legitimate criminal justice procedures may be used to interrupt the money-laundering methods described herein? appeared first on BEST NURSING TUTORS .

 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.