The role of misinvoicing in the money laundering cycle
Abstract
Traditionally, the emphasis of trade-based money laundering policy development
has been directed towards financial transactions where the origin of capital is
illegal, neglecting private sector companies utilising trade to launder money. Thus,
can commercial businesses which engage in trade misinvoicing through crossborder trade be prosecuted for money laundering? With limited understanding of
the money laundering cycle in international trade, it will be difficult for prosecutors
to bring money laundering charges against commercial businesses operating in this
sector.
URI
http://www.jacl.org.za/images/stories/vol_3_the_role_of_misinvoicing.pdfhttp://hdl.handle.net/10566/7193