It is the process of transforming the proceeds of illegal activities into legitimate capital. This web page includes information explaining what money laundering is, describing techniques used for laundering money, assessing how pervasive it is and information on deterrence strategies. There is also a widespread catalogue of References to these topics. By the RCMP, 1998. A new site from the United Kingdom.
Money laundering is a growth industry.
Find out who's washing what from an authoritative source, Alert Global Media. This report provides a framework for understanding U.S. efforts oversees to combat international money laundering. Available both as ascii and pdf file at this site. Extensive bibliography of resources from around the world. Money laundering can have devastating economic consequences.