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money laundering Tag

Law Offices of John J. Caffrey > Posts tagged "money laundering"

White Collar Crimes

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According to the FBI, "white-collar crime" was coined in 1939. Since then, it has been used to describe several criminal behaviors, including fraud, corruption, and money laundering. Over the last decade, advances in digital technology and our increasing dependence on the internet have extended the range of white-collar offenses, allowing anyone to become a victim. While no precise data are available, aggregate statistics reveal that the rate of white-collar crime has been on the rise in recent years. This is likely due to several factors, including the continued globalization of business, the increased complexity of financial transactions, and the prevalence of...

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