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Money Laundering

Money laundering is the process by which criminals conceal or disguise their proceeds andA glass globe atop a trail of money. make them appear to have come from legitimate sources. Money laundering allows criminals to hide and accumulate wealth, avoid prosecution, evade taxes, increase profits through reinvestment, and fund further criminal activity. While many definitions for money laundering exist, it can be defined very simply as turning “dirty” money into “clean” money. And it’s a significant crime—money laundering can undermine the integrity and stability of financial institutions and systems, discourage foreign investment, and distort international capital flows.

The Forensic Accounting Masters Degree Program at the FAU School of Accounting Executive Programs prepares students to become a force in the fight against all fraud, including money laundering.

March 2015

Forensic Accounting and Famous Cases

By | 2017-02-24T21:39:30+00:00 Wednesday, March 25, 2015|Tags: , , , , , , , , , , |

Forensic accounting has a rich and varied history in the United States and beyond, serving in valuable roles within local and federal law enforcement, in corporate finance, and even with private investigators. From analyzing and reviewing records to assisting in court once a

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