01315nam a22001097a 4500100004000000245005800040260005600098300000800154520082500162650016200987856005601149  aAustralian Institute of Criminology  aWhat do we know about the Extent of Money Laundering?  aCanberrabAustralian Institute of Criminologyc2014  a21p  aThe 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.  aCORRUPTION ARMS TRAFFICKING CAPITAL FLIGHT HUMAN TRAFFICKING MISPRICING MONEY LAUNDERING SMUGGLING TAX EVASION BANKING SECRECY CAPITAL OUTFLOW CAPITAL INFLOW  uhttp://iffoadatabase.trustafrica.org/iff/walker.pdf