15.01.2015 Views

Fall/Winter 2006 - University of Toronto Press Publishing

Fall/Winter 2006 - University of Toronto Press Publishing

Fall/Winter 2006 - University of Toronto Press Publishing

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

C R IG ME I NEO RLA OL GI Y N T& E RL EAW<br />

S T<br />

Money Laundering in Canada<br />

Chasing Dirty and Dangerous Dollars<br />

Margaret E. Beare and Stephen Schneider<br />

Money laundering is the process <strong>of</strong> converting or<br />

transferring cash or other assets, generated from<br />

illegal activity, in order to conceal or disguise their<br />

origins. In recent years, the international community<br />

has decided that focusing on money laundering is an<br />

efficient strategy in policing organized crime and, now<br />

terrorism. To this end, countries are encouraged to<br />

harmonize their policies and legislation and, to some<br />

extent, their policing strategies. Before adopting these<br />

new strategies, however, it is important to understand<br />

the extent <strong>of</strong> money laundering in different jurisdictions,<br />

as well as the likelihood <strong>of</strong> success and the costs<br />

involved in these anti-laundering strategies.<br />

This new work by Margaret E. Beare and Stephen<br />

Schneider brings empirical evidence to the study<br />

<strong>of</strong> money laundering in Canada – a topic that has<br />

recently assumed an international pr<strong>of</strong>ile. They challenge<br />

the seemingly common sense notion, fueled by<br />

political posturing and policing rhetoric, that taking<br />

the pr<strong>of</strong>its away from criminals is a rational law<br />

enforcment strategy. Using data from police cases,<br />

the inner working <strong>of</strong> financial institutions, and the<br />

‘successful’ claims <strong>of</strong> privilege from our legal pr<strong>of</strong>ession,<br />

the final picture that the authors paint is <strong>of</strong> a<br />

good enforcement strategy run amuck amid conflicting<br />

interests and agendas, an overly ambitious set <strong>of</strong><br />

expectations, and an ambiguous body <strong>of</strong> evidence as<br />

to the strategy’s overall merits.<br />

Margaret E. Beare is an associate pr<strong>of</strong>essor in the<br />

Department <strong>of</strong> Sociology and Director <strong>of</strong> the<br />

Nathanson Centre for the Study <strong>of</strong> Organized<br />

Crime and Corruption at Osgoode Hall Law<br />

School, York <strong>University</strong>.<br />

Stephen Schneider is an assistant pr<strong>of</strong>essor in the<br />

Department <strong>of</strong> Sociology and Criminology at Saint<br />

Mary’s <strong>University</strong>.<br />

Of related interest:<br />

Critical Reflections on Transnational Organized<br />

Crime, Money Laundering, and Corruption<br />

Edited by Margaret E. Beare<br />

0-8020-8190-8 / 978-0-8020-8190-2<br />

£22.50 / $34.95 / 2003<br />

Approx. 320 pp / 6 x 9 / January 2007<br />

19 illustrations<br />

Cloth ISBN 0-8020-9143-1 / 978-08020-9143-7<br />

£48.00 $75.00 E<br />

Paper ISBN 0-8020-9417-1 / 978-08020-9417-9<br />

£20.00 $32.95 C<br />

Photo courtesy Jordan Anderson and Stephen Kotowych.<br />

45

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!