Technology-enhanced methods of money laundering : Internet as criminal means / Fausto Martin De Sanctis.

Format:

Book

Author/Creator:

De Sanctis, Fausto Martin, author.

Language:

English

Subjects (All):

Money laundering--Technological innovations.

Money laundering.

Technological innovations.

Physical Description:

xi, 174 pages ; 25 cm

Place of Publication:

Cham, Switzerland : Springer, [2019]

Summary:

This book identifies and examines the novel ways in which money is laundered internationally through illegal activities on the internet, focusing on sales, payments, social media, online gaming, and tax misapplication. Technology-enhanced methods that enable money laundering are now a significant portion of malicious cyber activities and deterring its commission is a high order priority. Although powered by modern tools, investigators, prosecutors, judges and regulatory agencies in most countries are not equipped to accurately detect, investigate and prosecute this type of criminal activity. It makes a case for broader institutional and regulatory improvement, formulating a basis for detecting evolving money laundering schemes with multiple focuses on sales, payments, social media, online gaming, and tax misapplication. Revealing the newest techniques used by criminals, currently neglected by law enforcement in most countries, and discusses the best approaches to combat these crimes, this book will be useful as a guide for law enforcement, prosecutors, judges, and others involved in efforts to curb online crimes.

Contents:

Introduction

Dark web: deterring cybercrimes and cyber-attacks

Online gaming: casino, lotteries, and gambling

Payments through illegal and disguised means: NGOs, trusts, wire transfers, cards, and cryptoassets

Online sales

Social media

Tax misapplication: sales and use taxes and games taxation

International legal cooperation, confiscation/repatriation of assets, and virtual world

Conclusions

Proposals to improve the efforts against online crimes (money laundering).

Notes:

Includes bibliographical references and index.

ISBN:

3030183297

9783030183295

OCLC:

1090474680