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Publication date: 1 March 2002

Edward H. Jurith

The USA has had many infamous criminals. Willie Sutton, one of the more notorious ones, allegedly stated that he robbed banks ‘because that's where the money is’. His logic is…

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Abstract

The USA has had many infamous criminals. Willie Sutton, one of the more notorious ones, allegedly stated that he robbed banks ‘because that's where the money is’. His logic is easy to follow. Today's criminals, like Sutton, also seek to profit from lucrative activities. That is why they are involved in drug trafficking and other high pay‐off crimes. Given that the author's responsibilities as the Acting Director of the US Office of National Drug Control Policy have to do with illegal drugs, these remarks will focus on the money laundering aspects of drug trafficking.

Details

Journal of Financial Crime, vol. 9 no. 3
Type: Research Article
ISSN: 1359-0790

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