Wash day blues
13 September 2012
The technological age is a boon to the money launderer and is making it harder than ever to trace dirty cash.
It is now possible to make virtual cash transactions between computer terminals - a digital representation of walking into a shop and paying for goods using coins and paper money - and to do so anonymously.
It is possible to set up a company in very little time - a legitimate enterprise - that no one will expect to show profit for many years but which will not...