Money Laundering in sports: Football, Gambling, and Money Laundering

Recently, Springer Publishing issued a title to explore football and sports as a cover for money laundering and other financial crimes. The new book is called Football, Gambling, and Money Laundering: A Global Criminal Justice Perspective. Its author Fausto Martin De Sanctis explores how sports are a robust and growing front for a number of illegal activities.

On June 12, São Paulo, Brazil begins hosts the 2014 FIFA World Cup. The event will be held the 20th time, and this is one of the largest sporting competition on worldwide. However, behind competition and the glitz, and glamor, there may be money laundering and other financial crimes taking place.

Sports is not only a path to fame for athletes, a source of national pride for fans and a past time for many, but also a convenient cover for corrupt enterprises. The book shares on how crimes take place, how they are able to flourish, what steps are currently being taken and what should be done to confront sports-related financial crimes.

As an authoritative reference on the topic, Football, Gambling, and Money Laundering will appeal to academics, law enforcement officials, judges, prosecutors and law makers alike. The book identifies possible loopholes in existing international legislation for money laundering in sports, and describes proposals to prevent and monitor illegal gambling activities, specifically in football. Exposing a side of sports that is often left hidden to the world, this new title is also written in an accessible way, even for non-experts.

Fausto Martin De Sanctis holds a Doctorate in Criminal Law from the University of São Paulo’s School of Law (USP) and an advanced degree in Civil Procedure from the Federal University of Brasilia (UnB) in Brazil.

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