Serpel, Patricia Torres; Shachmurove, Amir - In: Journal of Entrepreneurial Finance 10 (2005) 2, pp. 57-75
Money laundering, which is closely linked with tax evasion and informal trade, is facilitated by the poorly regulated financial institutions of "mafia nations". These nations make billions of dollars by laundering money and giving safe haven to drug dealers and corrupt politicians, allowing them...