11
Logic of
Generating Laundered Money
Crime generates income in
every country
Income from crime depends on the
prevalence of different types of crime and the average proceeds per
crime
Sophisticated
and organised crimes, such as frauds and drug crimes generate more
income per crime than simpler and individual crimes
Crimes that
trade on “forbidden goods” like drugs, arms, pornography, slave labour,
copyrights, migration visas etc, are particularly profitable
In general, richer
countries generate more income per crime than poor ones
Income
inequality or corruption may support a rich criminal class even in a poor country
Not all
criminal income is laundered - Even criminals have to eat, sleep, drive fast cars,
and pay accountants and lawyers
$ How much crime is there around the world, and
where is it based?