Change your views on illegal money practices and money laundering!
The Shepherds of Inequality and the Futility of Our Efforts to Stop Them is a powerful piece of literature that anyone serious about money and ethical best practices will not be able to put down! It’s well-researched with a wealth of information on money-laundering cases globally that made news in the years from 2017 to 2022 which gives you an inkling of just how pervasive and ingrained it is in our society.
Money laundering affects our global economies; it is born from greed, and it is ruining the lives of many. “Our legislation is not making much headway to stop money laundering.” – Dawn Pretorius, Author.
Money laundering has no boundaries. From the trafficking of humans, drugs, donkeys, and sand to the ingenuity of experienced bankers, people in power, and the rich, a clear picture emerges of what must be the biggest industry in the world. Ongoing opportunities exist everywhere for anybody to launder money.
The world response, known as anti-money-laundering legislation, is traced to its origin and the measures taken so far to combat this scourge. Her findings reveal a bureaucracy of compliance initiatives that cost financial services a lot of money with relatively little success, although well intended. The reasons, the author contends, are that many of the laws relating to tax application, company structures, offshore tax havens, justice systems protecting heads of state, the variety and ease with which money and cryptocurrencies can be moved, and the culture of greed have led to global inequality and undernourished economies.
The world is on the wrong path to minimize money laundering
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