Journal of Social Science
Vol 2 No 3 (2023): JOSS : Journal of Social Science

Money Laundering: A Three Step Secrete Game

Arman Md (University of Asia Pacific)
Ikhsan Nendi (Politeknik Siber Cerdika Internasional)



Article Info

Publish Date
31 Mar 2023

Abstract

This paper describes, theoretically, what money laundering is and how it is done following some partnered activities over time. This paper also looks for electronic money laundering and found some related and predefined functions which are completed using electronic gadgets and the Internet. To give a clear view on money laundering, the author thinks that it is necessary to make it clear first about the characteristics of money laundering, the reasons behind it, and how it creates negative impacts on the business and economy of a country. In most nations, money laundering is a crime and economically developed countries built strong fortress against money launderers but laundering is not stopped. So, this paper tries to find out what the launderers do and find innovative (legally unaccepted) ways to make their illicit money legal.

Copyrights © 2023






Journal Info

Abbrev

js

Publisher

Subject

Social Sciences

Description

The Journal of Social Science (JoSS) is a double blind peer-reviewed academic journal and open access to social and scientific fields. The journal is published monthly once by Al-Makki Publisher. The Journal of Social Science (JoSS) provides a means for sustained discussion of relevant issues that ...