Money laundering threat

How volatile fears of crime can be, determined by problem-owners of law enforcement and politics. Before the Before the credit crisis, 2008, financially one of the big threats was supposed to stem from crime-money and money laundering. This resulted in a global anti-laundering regime. Then we got the crisis, already lasting three years. The supposed amount of crime-money, (gu)estimated at more than 1000 billion pales into insignificance against the multi trillions to rescue the Euro. The discussion about the threat of crime money is now reduced to a mere mumbling. Where is the threat of crime money at present? Suppose the state bonds, issued by Belgium and Italy is to an extent bought with black or criminal money, will that endanger the state?

It looks that much criminal policy making is just theatrical: see also the discussion on transnational organised crime, related to crime-money. See our chapter: Forthcoming: Transnational organised crime: thinking in and out of Plato’s cave. Handbook of transnational crime, Routledge, 2011 and:

Crime-money in the financial system: what we fear and what we know. In: M. Herzog-Evans (ed.), Transnational Criminology Manual, Volume 2, Nijmegen, Wolf Legal Publishers, 2010. Co-author, M.R.J. Soudijn