Start Date

11-8-2016

Description

Over the past decade or so, aided by information and communication technologies, money laundering has seen a sharp increase. While traditionally money laundering was associated with drug cartels and warlords, increasingly the focus has shifted towards white-collar crime and terrorist financing. It is therefore important to understand why money laundering (and hence white-collar crime) comes into being and sustains over a period of time. This paper, while exploring the antecedents of technology enabled white-collar crime, undertakes a cultural analysis of the Silk Road case. The cultural analysis helps in understanding patterns of behavior associated with technology enabled white-collar crimes.

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Aug 11th, 12:00 AM

Money Laundering and Technology Enabled Crime: a cultural analysis

Over the past decade or so, aided by information and communication technologies, money laundering has seen a sharp increase. While traditionally money laundering was associated with drug cartels and warlords, increasingly the focus has shifted towards white-collar crime and terrorist financing. It is therefore important to understand why money laundering (and hence white-collar crime) comes into being and sustains over a period of time. This paper, while exploring the antecedents of technology enabled white-collar crime, undertakes a cultural analysis of the Silk Road case. The cultural analysis helps in understanding patterns of behavior associated with technology enabled white-collar crimes.