Legal Principles for Combatting Cyberlaundering (Law, Governance and Technology Series Book 19)

This volume deals with the very novel issue of cyber laundering. The book investigates the problem of cyber laundering legally, and sets out why it is of a grave legal concern locally and internationally. The book looks at the current state of laws and how they do not fully come to grips with the problem. As a growing practice in these modern times, and manifesting through technological innovations, cyber laundering is the birth child of money laundering and cybercrime. It concerns how the internet is used for 'washing' illicit proceeds of crime. In addition to exploring the meaning and ambits of the problem with concrete real-life examples, more importantly, a substantial part of the work innovates ways in which the dilemma can be curbed legally. This volume delves into a very grey area of law, daring a yet unthreaded territory, and scouring undiscovered paths where money laundering, cybercrime, information technology and international law converge. In addition to unearthing such complexity, the hallmark of this book is in the innovative solutions and dynamic remedies it postulates. This Volume Deals With The Very Novel Issue Of Cyber Laundering. The Book Investigates The Problem Of Cyber Laundering Legally, And Sets Out Why It Is Of A Grave Legal Concern Locally And Internationally. The Book Looks At The Current State Of Laws And How They Do Not Fully Come To Grips With The Problem. As A Growing Practice In These Modern Times, And Manifesting Through Technological Innovations, Cyber Laundering Is The Birth Child Of Money Laundering And Cybercrime. It Concerns How The Internet Is Used For 'washing' Illicit Proceeds Of Crime. In Addition To Exploring The Meaning And Ambits Of The Problem With Concrete Real-life Examples, More Importantly, A Substantial Part Of The Work Innovates Ways In Which The Dilemma Can Be Curbed Legally.-- Cyberlaundering : Concept And Practice -- The Present Legal Framework Against Cyberlaundering : A Survey Of Relevant Laws And Policies -- Regulating Cyberlaundering -- Prosecuting Cyberlaundering. Daniel Adeoyé Leslie. Includes Bibliographical References And Index. This volume deals with the very novel issue of cyber laundering. The book investigates the problem of cyber laundering legally, and sets out why it is of a grave legal concern locally and internationally. The book looks at the current state of laws and how they do not fully come to grips with the problem. As a growing practice in these modern times, and manifesting through technological innovations, cyber laundering is the birth child of money laundering and cybercrime. It concerns how the internet is used for 'washing' illicit proceeds of crime. In addition to exploring the meaning and ambits of the problem with concrete real-life examples, more importantly, a substantial part of the work innovates ways in which the dilemma can be curbed legally.-- Provided by Publisher Front Matter....Pages i-xv Introduction, Money Laundering and Cyber crime....Pages 1-54 Cyberlaundering: Concept & Practice....Pages 55-117 The Present International and National Legal Framework Against Cyberlaundering....Pages 119-200 Regulating Cyberlaundering....Pages 201-261 Prosecuting Cyberlaundering....Pages 263-335 Conclusions and Recommendations....Pages 337-363 Erratum Legal Principles for Combatting Cyberlaundering....Pages E1-E1 Back Matter....Pages 365-368