Money Laundering: A Guide for Criminal Investigators [Hardcover]

John Madinger (Author), Sydney A Zalopany (Author)

Book Description

ISBN-10: 0849307104 | ISBN-13: 978-0849307102 | Publication Date: March 16, 1999 | Edition: 1

The crime of money laundering is widespread, not only figuring in obvious cases such as Al Capone's, but in major events as diverse as the Lindbergh baby kidnapping and the Watergate scandal.

Money Laundering gives law enforcement professionals a clear understanding of money laundering practices, legislation, and investigation.
Two frontline investigators - a narcotics investigator/supervisor, and a special agent for the IRS - have co-authored this authoritative study.

Case studies establish a historic perspective on Money Laundering, and the progressive changes in its methods through the years. For today's investigator, the authors also take a broad approach to forfeiture, financial crimes, fraud, and related situations - making the information most valuable and timely.

Editorial Reviews

Review

This is an excellent book and a recommend read for the novice, the expert and the voyeurI'll tell you this, if James R. Richards, authors a second volume on financial crimes, I would like to be the first to purchase it. --This text refers to an out of print or unavailable edition of this title.

About the Author

Madinger; John Honolulu, Hawaii, USA,Zalopany; Sydney A Consultant, Honolulu, Hawaii, USA,

Product Details

• Hardcover: 520 pages
• Publisher: CRC Press; 1 edition (March 16, 1999)
• Language: English
• ISBN-10: 0849307104
• ISBN-13: 978-0849307102
• Product Dimensions: 11.4 x 8.5 x 1.3 inches
• Shipping Weight: 3.2 pounds
• Average Customer Review: 3.7 out of 5 stars  See all reviews (7 customer reviews)
• Amazon Best Sellers Rank: #2,360,584 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

Most Helpful Customer Reviews

23 of 24 people found the following review helpful:

5.0 out of 5 stars An excellent nuts and bolts introduction., October 17, 1999

By A Customer

This review is from: Money Laundering: A Guide for Criminal Investigators (Hardcover)

As a Canadian police officer, I picked up this book expecting to find its understandable American focus to be of limited use to me. Instead I was very surprised. Yes it is entirely American in focus and reference, but its explanation of laundering methodologies - and weaknesses - was exceptionally straight forward and of universal application. I was able to apply several aspects immediately to an existing international investigation of commercial fraud.

It is in its explanations that the book is strongest. These are simply written, without jargon. For example, using the analogy of Al Capone's enterprises, it gives the best and simplest description of a balance sheet and financial statement and what goes into their makeup that I have ever seen. When this began I was suspicious that the Capone analogy was going to have to be stretched beyond any usefulness, but this turned out not to be the case at all. In fact, the analogy gave the explanations life and character.

Its outline of resources, to consider was equally direct and useful, even to a Canadian investigation.

25 of 35 people found the following review helpful:

1.0 out of 5 stars Money Laundering for the Stupid., April 7, 2001

By A Customer

This review is from: Money Laundering: A Guide for Criminal Investigators (Hardcover)

Do not waste your time or money on this book. The book assumes that all readers have the financial literacy of a high school student. Of course, the book was purportly written for police investigations so maybe the authors dummed it down so their fellow law enforcement friends would be able to understand it. For example, the book goes into painly silly details about what a balance sheet and income statement are all about and how to read them properly. (ie the section on debit-credit was particularly useless) My personal favorite was the filler section on how to buy real-estate or securities. The book only really gets to the interesting(and the most imporant aspect of a book on money laundering) "how to" structures of money laundering operations in a couple of chapters. One chapter is basically dedicated to simple structures like using smurfs so that is essentially useless. BOTTOM LINE: if you are at all familar with money laundering, financial statements, bank secrecy act, tax rules, yadda yadda, then this book is a waste of your time. If you know nothing about the above, then you may find the book useful.

4 of 5 people found the following review helpful:

4.0 out of 5 stars Excellent Resource, September 29, 2005

By 

Sheri Barrette "Graduate Student" (Boston, MA) - See all my reviews
(REAL NAME)   

This review is from: Money Laundering: A Guide for Criminal Investigators (Hardcover)

The text provides excellent introduction into the crime of money laundering...very easy to understand and at times comical. Although the book is a bit dated, its concepts remain the same and I would recommend this text for anyone interested in understanding the role of money laundering.