Prevention of Money Laundering: Various Models, Problems and Challenges

Abstract

It is well known that with money laundering activities, offender can hide the origin of money or property proceeds of crime, and thus they can enjoy and use the proceeds of the crime freely. Money laundering actors always try to avoid tracking their crime proceeds by various means, including taking advantage of the weaknesses of existing laws and regulations. Efforts to eradicate the crime of money laundering still have obstacles that cause pros and cons within the law enforcement environment itself. Are the Corruption Crimes investigators and the Prosecutor's Office able to uncover the Corruption Crime of Money Laundering that occurred and how is the investigation model for the Crime of Money Laundering able to confiscate the assets of the perpetrators in the corruption case? Until now, investigations into the crime of money laundering have not found a genuine model as a step forward in eradicating money laundering crimes. Prevention of money laundering must involve all existing components, namely the superstructure (government), infrastructure (institutions/institutions dealing with money laundering), and sub-structure (society and non-governmental institutions).