The Washing Machine: How Money Laundering and Terrorist Financing Soils Us

Kochan, Nick

ISBN 10: 1587991594 / ISBN 13: 9781587991592

Published by Cengage Learning, 2005

About this Item

Seller Inventory # mon0003815444

Bibliographic Details

• Title: The Washing Machine: How Money Laundering and Terrorist Financing Soils Us
• Publisher: Cengage Learning
• Publication Date: 2005
• Language: English
• ISBN 10: 1587991594
• ISBN 13: 9781587991592
• Binding: Hardcover
• Condition: Good

About this title

Synopsis

The Washing Machine is an intriguing book that takes the reader deep inside the world of money laundering and shows it to be a highly sophisticated, global business that poses a serious and systemic threat to the world's financial institutions, as well as the global economy. Investigative journalist and financial expert Nick Kochan profiles the perpetrators, the investigators, and explains the methods employed by international criminals and terrorists to turn dirty money into untraceable wealth. The effort to stop this sinister financial pipeline to terrorist activities is one of the highest profile law enforcement activities in the world at present. Will we lose this battle? The Washing Machine reveals that the dual forces of globalization and a lack of true international cooperation are playing directly into the hands of the criminals.

About the Author

Nick Kochan is an investigative reporter who has written on many complex financial frauds. He worked on the Sunday Times business team where he investigated the Guinness scandal. He pioneered reporting of this complex financial scam, and led coverage of its many ramifications for over a decade. He has written for the Economist, Sunday Times, Financial Times, The Banker and The Observer and has many sources in government as well as finance. He was educated at Cambridge University before embarking on a journalistic career.