Laundering Locally or Globally? Transnational Patterns of OC Infiltration in the Legal Economy

• In Event: Roundtable: The Global Dimension of Mafia-Type Organized Crime

Abstract

When laundering their illegal proceeds, organized crime groups may choose to do it locally (e.g. in assets or companies located in their area of activity/influence) or globally, by transferring funds abroad (e.g. to offshore countries or to the “mother land”). Building on a number of case studies, this contribution analyses the drivers which move different OC groups to adopt one strategy or another. References to recent Transcrime research on the topic, and in particular to newly published Routledge book “Organised crime in European businesses”, are made.

Author

• Michele Riccardi, Università Cattolica - Transcrime