Recent tehnological tendencies of money laundering

Abstract

This paper aims to analysing recent tendencies connected to the development of new technologies in the field of money laundering. Cyberspace offers opportunities for financial criminals to improve their illegal activities, money launderers learn rapidly the electronic payment instruments, the use of virtual casinos, online auctions, and virtual games, ensuring a legal façade in order to seize illicit income. Technological advantages such as speed, complexity, anonymity support money launderers in achieving laundering schemes.