In this unit, you have learned about organized crime and its effect on business. For this assignment, you will be further exploring this topic. First, read the following information about how legitimate business ownership may be used for
money-laundering metods.
Dirty money can be added to the cash revenues of a legitimate business enterprise, particularly those that are already cash intensive, such as restaurants, bars, and rental stores. The extra money is simply added to the till. The cost for this laundering method is the tax paid on the income. With companies whose transactions are better documented, invoices can be manipulated to
simulate legitimacy. A used cardealership, for example, may offer a customer a discount for paying cash, and then report the original sale price on the invoice, thus explaining the existence of the extra illicit cash. A slightly more sophisticated scheme may allow a criminal to profit twice in setting up a publicly traded front company with a legitimate commercial purposefirst from the laundered funds commingled with those generated by the business, and second by selling shares in this company to unwitting investors.
Then, compose an essay that analyzes the following issue.
What legitimate criminal justice procedures may be used to interrupt the money-laundering methods described herein?
In your answer, be sure to describe how organized crime entities use legitimate businesses as financial fronts. Also, analyze and argue your proposed procedures addressing both the positive and negative consequences of their implementation.
Your essay must be at least two pages in length not counting the title and reference page, and it should use at least two
academic sources, one of which must come from the CSU Online Library. You should include an introduction and conclusion sections. Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed.
What Students Are Saying About Us
.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐"Honestly, I was afraid to send my paper to you, but you proved you are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"
.......... Customer ID: 11***| Rating: ⭐⭐⭐⭐⭐
"This company is the best there is. They saved me so many times, I cannot even keep count. Now I recommend it to all my friends, and none of them have complained about it. The writers here are excellent."
"Order a custom Paper on Similar Assignment at essayfount.com! No Plagiarism! Enjoy 20% Discount!"
