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Article
The Causes, Effects, and Manifestations of the Money Laundering Problem in the Former Soviet Union
Georgetown Journal of International Affairs (2020)
  • Stefan D Cassella
  • Yehuda Shaffer
Abstract
This short article discusses the laundering of criminal proceeds originating in the former Soviet Union through European banks. It notes the difficulty posed by requirements in most countries' asset forfeiture laws of proving precisely what foreign criminal offense gave rise to the proceeds, and how this makes it difficult to recover the money.
Keywords
  • money laundering,
  • former Soviet Union,
  • proceeds of crime,
  • non-conviction-based forfeiture,
  • Latvia
Disciplines
Publication Date
February 21, 2020
Publisher Statement
Online publication only.
Citation Information
https://gjia.georgetown.edu/2020/02/21/the-causes-effects-and-manifestations-of-the-money-laundering-problem-in-the-former-soviet-union/