Illegal wildlife trade and money laundering

Abstract

In my paper, I explain what illegal trade in wildlife species means and what are the main threats it can pose to society and the security of certain countries and regions. In this context, I will explain that one of the main dangers is that, given the high illegal revenue, money laundering is inevitably linked to this activity, which entails additional risks, mainly economic. I will also draw on the relevant international literature to describe the various money laundering techniques associated with the illegal trade in wild fauna and flora, which largely bypass the banking system. In the article, I highlight the difficulties of preventing and detecting this type of money laundering activity by investigating authorities and highlight the basic requirements for more effective and successful criminal investigation.