Money Laundering

[DutchGangster69]

LaunderingAccording to a report from the US State Department published in 2008, between 2.1 and 3.6 trillion dollars of illegal money is laundered every year. That's between 3 and 5 percent of the Gross World Product. Democratic Party Senator Carl Levin says documents and witness testimony given during hearings indicate that half of that money can be found in the United States.

Any Idea what crime groups are heavily involved in money laundering or is it done by everyone.

[DutchGangster69]

An estimated 20 billion euro are laundered in the Netherlands per year.

[thewestside]

LaunderingAccording to a report from the US State Department published in 2008, between 2.1 and 3.6 trillion dollars of illegal money is laundered every year. That's between 3 and 5 percent of the Gross World Product. Democratic Party Senator Carl Levin says documents and witness testimony given during hearings indicate that half of that money can be found in the United States.

Any Idea what crime groups are heavily involved in money laundering or is it done by everyone.

Many, if not most, organized crime groups have to launder their money in some way. Whether it be funneling it through a myriad of financial exchanges around the world, buying up legitimate businesses and property, etc. You can only hide so much cash in a shoebox in the ground or under your mattress.

[Faciulina]

That's between 3 and 5 percent of the Gross World Product. Democratic Party Senator Carl Levin says documents and witness testimony given during hearings indicate that half of that money can be found in the United States.

hlaf of money in the states? it's impossible, i know italy is the country with the highest per cent of money laundering operations since italian mafia earn over 200 billions per year