How to Report Money Laundering

The use of creative accounting and offshore bank accounts are characterized under money laundering laws. The spirit of money laundering regulations is that perpetrators cover up the origins and location of their money at any given time. Your discovery of money laundering by a corporation or individual should lead you to report this crime to the appropriate authorities.

Things You'll Need

• Attorney
• Evidence log

Instructions

1. Utilize an attorney familiar with state and federal business laws as you report for money laundering. Your attorney can review your report and provide notes that will make your case more compelling.

2. Research shell companies and other fronts used by an individual to facilitate money laundering. Shell companies are names and addresses registered with the federal government that hold a minimal amount of money to meet legal standards. You should list these companies in your report to increase the possibility of conviction.

3. Review published financial information to compare assets and profits in your report on money laundering. Major disparities between assets published in financial newspapers and information you obtained from careful calculation can help you prove guilt.

4. Develop a background story on individuals and companies you are investigating for money laundering. Your research may yield illegal activities and legal issues by offending parties that can put your case over the edge.

5. Input the total amount of money laundered at the top of your final report. You should place an itemization of multiple acts of laundering as an appendix for perusal by state and federal agencies.

6. Investigate potential involvement by banks and investment houses in money laundering. Your case against an individual laundering funds through foreign banks is more compelling if you have evidence of institutional complicity.

7. Inform the Federal Bureau of Investigation about money laundering cases that deal with international organizations. The FBI has increased their attention on laundering used by terror suspects and organizations to stop funding for terrorist training.

8. Create a campaign against money launderers using public relations tools to apply pressure on offending companies. You can utilize your local newspaper, inexpensive web tools and time provided by your local TV station to expose money laundering in your community.

Tips & Warnings

• Identify the process used to obtain documents in your report of money laundering activities. Each piece of visual and material evidence needs to be obtained through legal means to be used in court. You should create a log of the date, time and location of where you found evidence.