Anti-Money Laundering – is it worth it? OR How much is the fish?
It is obvious that anti-money laundering requires many resources, therefore, it is relevant to raise the question “Is it worth it at all?â€. Logically, the next question is on the estimated amounts of “dirty†money laundering.
Each year, money laundering estimated amounts count more than $500 billion worldwide. Some sources say that money laundered globally in just one is even up to $1 trillion. By any calculation, this amount is crucial and extremely dangerous to the financial systems of the world.
So, money laundering is a gigantic problem that should and must be countered by international authorities.