What do we know about the Extent of Money Laundering? Australian Institute of Criminology CORRUPTION ARMS TRAFFICKING CAPITAL FLIGHT HUMAN TRAFFICKING MISPRICING MONEY LAUNDERING SMUGGLING TAX EVASION BANKING SECRECY CAPITAL OUTFLOW CAPITAL INFLOW The articles articulate facts and figures on money laundering from a broad perspective. It attempts to answer questions on what is known about the extent of money laundering, regionally and globally. Crime statistics, profits made and the beneficiaries of money laundering. Statistics and figures of the crime, costs of crimes and as well as estimates of money laundering generated in Australia 1996 as a case in point are given. Possible Flows of hot money to and from Australia and the consequences of money Laundering ripple out to the broader community are outlined in the article. International Incidences of fraud, logic of generating laundered money, logic of laundering processes, most attractive to launderers, least attractive countries to launderers as well as the top 20 flows of laundered money are given. Canberra Australian Institute of Criminology 2014 2014 Text 21p http://iffoadatabase.trustafrica.org/iff/walker.pdf