Category Archives: White collar crime

The dawning of reality

When I read this story, I had to check the date and make sure that it wasn’t April Fools’ Day, but no, it seems that it’s on the level.  A large Irish law firm called Matheson has launched a phone … Continue reading

Posted in AML, Money laundering, White collar crime | Tagged , , , , , , , , , , | 2 Comments

The conviction that keeps on giving

It’s an old joke – “I’ve been married for twenty years; you get less for murder” – but in the UK, at least, that’s true.  According to reputable research, the average sentence for a murderer in the UK is sixteen … Continue reading

Posted in AML, Money laundering, White collar crime | Tagged , , , , , , , , , | 10 Comments

You say potato, I say prison

It’s becoming something of theme, isn’t it – professional enablers?  I’ve certainly blogged about it before, as in this post.  And just last month the Financial Action Task Force released their own report into the phenomenon, entitled “Professional Money Laundering”.  … Continue reading

Posted in AML, Bribery and corruption, Money laundering, White collar crime | Tagged , , , , , , , , | Leave a comment

A (rotting) rose by any other name

You’ve all heard me gripe about tax evasion – about how people seem to be able to perform all sorts of mental and financial gymnastics in order to convince themselves that it’s not really a crime, not like drug trafficking … Continue reading

Posted in Money laundering, Publications, White collar crime | Tagged , , , , , , , , , | 5 Comments

All the fun of the fair

My mother – herself one of two siblings – once told me that her greatest fear in bringing up an only child was how to teach me about fairness and sharing.  As it turns out, her fear was unfounded.  My … Continue reading

Posted in Legislation, Money laundering, White collar crime | Tagged , , , , , , , | 6 Comments

The pen is mightier than the gavel

As I explained last time, I am currently knee-deep in preparation for my next workshop for experienced MLROs in Guernsey.  (You can read a bit more about it on the new Events page of my website.)  I just love doing … Continue reading

Posted in Money laundering, White collar crime | Tagged , , , , , , | 1 Comment

Fare’s fair

With one of the main themes of Easter being forgiveness (the other is chocolate, of course), I have been mulling over the topic of financial redemption.  The week before last we had the story of the unnamed train fare cheat – … Continue reading

Posted in Fraud, White collar crime | Tagged , , , , , | 4 Comments

Grubby around the collar

This year marks the 75th birthday of a concept that is central to those of us engaged in AML endeavours: white collar crime.  On 27 December 1939, American sociologist Edwin Sutherland gave a speech to the American Sociological Association, of which … Continue reading

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Should we really employ an evil genius?

A recent article in the Economist, entitled “Mwahahaha…: creativity and cheating“, describes some research undertaken at Harvard and the University of Southern California.  Participants were given tasks to test their honesty, and then different ones to assess their creativity.  And … Continue reading

Posted in AML, Money laundering, Organised crime, White collar crime | Tagged , , , , , , , , , | 2 Comments

The trouble with paranoia…

…is that sometimes they really are out to get you.  I missed this case over the summer, but thankfully a friendly MLRO pointed it out to me.  Back in 2006, German Gustl Mollath went to the authorities with claims that his … Continue reading

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