Essays on Laundering

There are many sorts of crimes that are plagues on societies around the world. However, some are more prominent than others. Indeed, there is rape, murder and drugs. The latter, along with two crime types that often accompany drug use or dealing on more than one level, shall be the focus of this brief report. Specifically, there will be a review of peer-reviewed journal articles that pertain to illegal drug use, prostitution and money laundering. The first two often feed to the other in that the money garnered from the illegal activities has to be “cleaned” so as to ...

Essay Questions

Essay Questions Q. 1 One of most successful and fastest growing railroad firms in North America, the Union Pacific Corporation’s activities and operations are affected by a host of social, demographic, technological, environmental, geographic, economic, and political or legal factors external to its business environment. The technological factors that are likely to affect the company’s future operations are advancements in railroad and transport technology in general. The company will need to its operations, systems, and processes to keep up with these technological changes, such as the CAD III which is a computer-aided dispatcher. The demographic factors that ...

Question 1

Financial globalisation has occasioned a number of unprecedented effects on the world economy. Through the extensive flow of finances between economies, there has been a trend for businesses and individuals to invest their money where it fetches the best returns. Most notable of this is the tendency by the wealthy from the developed nations to invest in developing economies mostly in Africa to take advantage of certain conditions such as lenient taxation and favourable interest rates as well as affordable labour (Prasad, Eswar, et al. 201). The same can be said of the tendency by most companies to set ...

(Author’s Full Name) (Institution Name) In times of global economic turmoil, an ever-expanding population and scarcity of resources, competition is getting tougher by the minute. Financial stability has now become the sole purpose of one’s existence, and this shift in priorities not only fuels conglomerates and promotes corporate culture, but also prompts individuals to explore illicit means to maximize their net wealth; the most common example being money laundering. Money laundering is the concealment of money, which is obtained through illegal means. The crime is systematically pursued by both individuals and corporations seeking to evade tax or ...

Money laundering refers to the criminal activity in which money and funds that have been obtained illegally are used to fund or support legitimate and legal activities. In the process, the illegality of the original criminally obtained money and funds is, in essence, “washed” through its use in the legal activity. A more formal definition of money laundering defines it as, “the process through which criminals, hide, disguise, and legitimize the financial proceeds of their crimes” (FATF). There are a number of benefits that money laundering provides to criminals. First, by using the money to fund legal activities, money ...

Introduction

In the recent past, there has been an increase in the cases of terrorism financing and money laundry across the world. The international community is experiencing rapid social, political, economic and technological advancements that have enhanced communication and the transportation of money that is used in the financing of terrorist activities. Besides, this development has exposed the financial systems to abuse by organized criminals. The international community has established strategies to curb money laundry and terrorism financing so as to enhance the security of the world. In the past decade, proceeds from money laundry have been used to finance ...

White collar crime is the subject that is not widely covered in mass media and is often made public only in cases when it is necessary for some political purposes. However, such little attention to it does not make white collar crime and its consequences less significant and less worth studying. Moreover, modern technologies and the Internet, in particular, have equipped white collar criminals with new and more effective means of achieving their ill-intentioned goals. A click of a button may not only allow criminals to steal millions or billions of dollars in a second, but it can greatly ...

Abstract

Hawala is an informal system of money transfer that is widely used in the Middle East, the Indian subcontinent, the Horn of Africa and North Africa. The Hawala system predates the current international banking system, having been used in the Muslim world before European influences permeated the region. In western countries, Hawala is popular among immigrants, who use it to send money to their relatives back home. The main reasons for Hawala’s popularity as compared to other means of money transfer include its cheapness and anonymity. However, some countries such as India and Pakistan have outlawed Hawala because ...

Crimes against Persons

Crimes against persons are those criminal conducts punishable under penal law and which are mainly committed against individuals as the victims (Gardner & Anderson, 2014, p.25). In such categories of crimes, the perpetrator or offender normally has the intention to cause the victim actual grievous bodily injury and harm. Examples of crimes under this category include rape, assault and murder.

Crimes against Property

These are a category of crimes in which the offender intends to take another person’s property with the intention of permanently depriving the owner of the property without necessarily intending to use force against them. Examples of these crimes ...

MEMORANDUM

RE: Justification for the Future Existence of the Racketeer Influenced and Corrupt Organization (RICO) Criminal Defense Practice With countries across the globe, including the US, facing unprecedented threats from organized crimes such as terrorism and drug trafficking, the existence of the RICO is justified in spite of the looming budget deficit and likely cutbacks ahead. Organized crimes as transnational or national criminal activities organized and executed by criminal organizations or enterprises with intent to kill, destroy and maim for money, profit and religious or political motivation, pose the greatest threat to our nation in the 21 century. The RICO ...

in Phoenix Arizona in Phoenix Arizona

Introduction

In last 20 years, the complexity of the organized crime has achieved its rapid expansion. That is why, set of the challenges for the U.S. federal law enforcement has been set. It means that the operations have been transformed by the criminals of Phoenix, Arizona, in the ways, which have broadened their area of influence and created the set of complications for the law enforcement agencies in terms of to combating them.

Background

The local criminals have already applied the set of innovative technological options - such as the networked structural models, which have ...

Institutions

Question 1 Business bribery has become a global problem to the world economy and efforts to fight it have had numerous obstacles (Adekoya, 2009). Business bribery takes place to enhance business in foreign countries. While this causes an imbalance in business overseas, it also assists businesses to keep up with domestic competition in these foreign countries. Risk assessment is conducted on a regular business to calculate the risk of businesses being asked for bribes in various countries. These issues include whether the official should pay the bribe and if they decide to pay if it should be charged to ...

Introduction

The United States government has the mandate of ensuring the security of the nation by developing and implementing legislations that promote the safety of all citizens. Numerous cases of insecurity experienced in the country over the last few years stretching from drug and human trafficking to terrorists have made the federal government more concerned about the future of the country regarding securing her citizens. Terrorism brings more concerns in the area of homeland security among many security threats facing U.S. The priority of the U.S. Department of Justice is to prevent future terrorist attacks in the country. September 11, ...

And Its Impact on the United States

And Its Impact on the United States

Introduction

The entire subcontinent of the Middle East would have a very different history and outlook if it were not for very unfortunate events that have taken place in the area over thousands of years. There is plenty of wealth to go around, plenty of trade opportunities with the rest of the world, as well as a great potential for a tourist market. Unfortunately, “the cradle of civilization” is in a constant state of unrest that has precipitated over gigantic wars that have left a lasting impact on the area. In fact, war ...

How anti-money laundering compliance with regard to hawala based in Dubai with customers in all continents in the world should be conducted.

Introduction

Hawala is a system of transferring money from one country to another using a trust-based network and alternative modes of exchanging value for value (Levy, 2016). Immigrants working in a foreign country who want to send money to their families in their home country usually use this system (Pathak, 2003). A sender gives a hawala broker or hawaladar the money for remittance. The broker provides the sender with some kind of code for the recipient to get ...

Introduction

The advent of the Internet has revolutionalized the way companies and individuals conduct business, and have necessitated the proliferation of processes involved in honoring transactions through diversified payment methods. Mobile wallet denotes mobile technology that functions like a real wallet by facilitating online payments and purchases (Amoroso et al., 2012). The ease and convenience of operating a digital wallet have made the platform to attract wide spread interest. This paper is devoted to the usage of mobile wallets, their advantages and possible problems. The number of users with smartphones grows from year to year. In this case, mobile wallets ...

Abstract

Actions taken at the beginning of a crime scene investigation can have far-reaching implications in the resolution of the crime, apprehension of the suspects and prosecution in the court of law. Meticulous and thorough investigation is key in ensuring that potential evidence is not destroyed or tampered with and witnesses overlooked. While many criminal investigation agencies employ a wide range of programs, techniques and equipment used in crime scene processing, the resources available and level of training vary from country to country. Apparently, the ability to investigate crimes has improved dramatically over the years with advances in information and ...

The role and regulation of Mauritius financial institutions

Mauritius is the largest island in the world. It is one of Africa’s economy that is stable, competitive and success. The state of the economy has enabled the country to be both vibrant and thriving in sectors such as the export sector, offshore financial sector, and manufacturing. The success has allowed the country to attain a Gross Domestic Product of $11.9b. Also, its convenient position has enabled it to be an established international financial center with easy access to Asia, Europe Middle East and South Africa enabling active investment. The report aims to understand the roles and regulation ...

In the next 5-10 years there is a major issue that has developing that will be facing the business world. This issue that is going to be a major problem for both businesses and government is surely going to be money laundering. In order to understand how money laundering is a threat to both governments and economies it is first necessary to understand what money laundering is itself. Once the definition is understood only then can we apply that definition to the business world through analyzing how this white collar crime effects commerce, government involvement in the business world, ...

The Institutional Affiliation

The Professor's Name Abstract The report is aimed at providing the information about the Pilgrim Cleaners business locations in the Saint Antonio area. It discusses both the company and the clearing industry. The paper provides a short background and the history of the company. It also discusses in details the 4 P's of marketing, including the types of the services provided, the pricing, the places where the clients can use the company's services, and the advertising methods. The report defines strengthens, weaknesses, threats and opportunities of business by the Pilgrim Cleaners. It provides recommendations on how to improve and ...

CONTENTS I. Introduction 2 II. Allen Stanford Ponzi Scheme 3 III. The victims 4 IV. Arraignments 5 V. Forfeitures by the Government 5 VI. Conclusions 5

Works Cited 7

Introduction The concept of white-collar crime refers to financial and nonviolent criminally punishable action, which is perpetrated by the business or by the government officials (Friedrichs, 1992, p. 21). This term was coined by one of the most renowned modern sociologists Edwin Sutherland, who used this term to describe a crime, which is committed by ‘a public employee or a high-ranked business man by using his occupation’ (Shapiro, 1990, p. 348). Nowadays, the ...

Laundry facility for a hotel business is highly needed in order to provide guests with clean linens and bath towels; thus, utility costs are usually a fact of life. The responsibility in terms of high utility costs is much shouldered by the hotel. In its operational view, the hotel considers strategically to do more than simply survive especially in this contemporary time that there is an increasingly competitive marketplaces (Atkin and Brooks, 2015). Generally, an issue in relation to facility management, ABC Hotel intends to specify the costs and investment paybacks and an action plan to analyze the feasibility ...

Enron Corporation, a company founded in 1985 and grew rapidly, gained wide media coverage as it hit a share price of $US90.75 in 2000. The company spread its business to various sectors over its short course of growth. The growth was attributed to its former CEOs Kenneth Lay and Jaffrey Skilling. However, the real picture was different, for Skilling and his team through their unethical accounting practices had been cheating Enron’s investors. They kept the firm’s huge debt hidden with intent to maintain the reputation of the company. Skilling and his colleagues verbally attacked the industry analysts ...

Include a description on when and who created it, with what purpose and with what success to date

FATF is an intergovernmental body that is involved in policy formulation with a primary objective of setting standards to fight money laundering and financing of terrorist activities (Fatf-gafi.org). The FATF was founded in 1989 by the G7 group of countries (Fatf-gafi.org). This group was primarily formed to enhance economic cooperation among the seven largest industrial nations in the world, which include Canada, Germany, France, Great Britain, Japan, Italy and the United States of America. Over the last past years, FATF has strived to realise some of its strategic objectives that include being a standard setter, an assessor body through ...

Corporate Social Responsibilities and Ethics

The concept of (CSRs) means that companies, organizations and/or societies have both societal and ethical responsibilities stretching beyond their existing economic responsibilities (Tuan, 2012). It requires these organizations to elaborate how they understand their responsibilities in efforts to including other stakeholders like customers, employees, local communities, customers, state governments, suppliers, international organizations among others. CSR stresses the need for organizations to behave like good corporate members of the society or citizens, by not only complying with laws and policies but also conducting their activities in ways protect the environment and other resources. Ethics may be seen as the fundamental ...

The case of Manuel Noriega, a former de facto leader of Panama, had several turning points in the last two decades. General Noriega became a military dictator of Panama in 1983 and ruled the country by the year 1989, until was ousted by the US Army forces (The Secret History of America's Disastrous Relationship with Manuel Noriega: CIA Money, 2014). Starting from the 1950s, Noriega was a US ally and worked closely with the CIA. Being an important intelligence source, Noriega provided US government with opportunities to held military operations in Latin America. The CIA was pretty aware of ...

Law

THE LEGALIZATION OF MARIJUANA IN COLORADO Introduction The purpose of this study is to determine the effects of the legalization of marijuana in the state of Colorado by covering the following issues: 1.) the positive and negative effects of legalizing marijuana within the state; 2.) the effect of marijuana on public health and safety; 3.) the economic advantages after Amendment 64 was approved in the state of Colorado; 4.) the effect of decriminalizing marijuana to the police and law enforcement agencies. The outcome of the research will be an evaluation of the overall impact of the legalization of marijuana ...

Illicit: The Dark Trade

Introduction Illicit: The Dark Trade is a documentary about the growth of illicit trade throughout the world. The movie highlights how trafficking in men, dirty and counterfeit money, drugs and money laundering is changing the world. Also, how illicit trade is able to undermine government’s authority, killing or injuring people, overcome regulatory barriers through a corrupt system of bribes. Illicit trade has become monstrosity globally that is considered a transnational problem. Since no country can tackle the issue alone, illicit trade keeps growing as they become a source of employment for the locals and revenue (tax and bribes) ...

Of all wars to have been conducted by the USA, the war on drugs is the least promising, with government and law enforcement agencies fighting it in a losing battle. When American authorities got it going some 4 decades ago, it was doomed to be a losing war for a number of reasons, of which one is a historic precedent never taken into consideration. It is well-documented that the only lesson we ever learn from history is that we do not learn any lessons from it at all. However, what America should learn is that conventional tools of mandatory bans and restrictions imposed ...

Introduction

The term public virtual world is used to describe computer-based simulated environments created to enable the user communicate with the interactive virtual environment via use of an avatar which is a representation of his form in the virtual world environment. Using the avatar the user can be able to manipulate objects in the virtual world as they are capable of perceptual stimuli, he can also be able to interact with the objects and also manipulate them to his desire. Virtual public networks also serve as global networks for communication because they posses the ability to allow multiple users regardless of ...

- What is motivating you to leave your current position?

As an attorney, I always admired the difficult task of guiding companies to pursue aggressive policies in business while in full compliance with the regulations, laws, and standards of ethical conduct. When I came across the opportunity of ‘The Business Integrity Counsel and Regional Business Integrity Officer – North America’ at Mondelēz International, it is a lot more than just motivation that propels me leave the current position. It has been and is my dream job. I am excited by the prospect of helping Legal, Business Integrity, and Global ...

EO 13493 and 13567 is a follow up reversal of EO 13492, which was a presidential order for the close down of Guantanamo Bay. Guantanamo Bay is the detention camp for terrorist suspects under investigation by both the U.S government and the Interpol. The president signed the executive order in January 2009 (Whitehouse.gov).

The order sought to create and try out new ways of arresting, detaining and convicting the terror suspects as opposed to exploiting ways of closing it down. This decision by the president of the United States was possible due to various factors. The EO could have been ...

The creation of modern technologies enabled people to experience a luxurious life compared to the past century. However, through the use of the new technology, criminals can easily penetrate through the protective security and steal one’s identity with a single click of the mouse button. As amended by the FCC (Federal Communications Commission) of the United States, all American telecommunication companies must implement strict policies in securing the collected data of their customers to avoid identity theft. Identity theft as the majority knows it is the stealing of one’s information either through the ...

Introduction

Organized crime refers to a network of highly centralized enterprises run by criminals in an organized manner and who are engaged in illegal activities. Such criminal organizations are well organized with a clear chain of command and segregation of duties among its members in much a similar way to a lawful organization or government. The only distinction between organized crime organizations and other lawful organizations is that they are engaged in illegal activities. It is organized crime organizations that are usually responsible for transnational crimes. Transnational crimes denote crimes that have significanteffects in more than one country. This is because such transnational crimes ...

- Find an outline an example of one economic policy/practice from any country that fits into the realist perspective of IPE. Don’t all choose the same country

The great example of the economic policy in realist context is Russian gas policy. Currently Russia uses its neighbor Ukraine to deliver gas to Europe, however the emergence of new projects for Russian gas exports to Europe provoked the gas conflict between Russia and Ukraine, which began at the turn of 2005-2006. Then Ukraine created obstacles to the free transit of Russian gas to Europe. Particularly acute gas war was at the turn of 2008-2009. The absence of the Russian-Ukrainian agreements on gas supplies and its conditions of transit interrupted the supply of hydrocarbons from Russia to Europe through ...

Chechen Terrorism in Russia

Religion, culture and politics have played a huge role in the terrorist attacks executed by Chechen rebels in Russia. The conflict instigated by Chechen rebels stem from the fact that Chechnya, the territory they claim, became part of the national territory of Russia due to historical circumstances. Long before Russia emancipated as the Union of Soviet Socialist Republics (USSR), Chechnya was part of an independent republic called the Mountain Autonomous Soviet Socialist Republic. However, that nation did not last long, as the USSR occupied it and made it into a province called the Chechen Autonomous Oblast (Kramer, 2010). To quell strong ...

Notably, social responsibility and comprehensive ethical strategies are essential contributors of a business success. These mainly hinge on a sound relationship among all business stakeholders, right from the production level to the final consumers. On the other hand, failure to conform to these factors may lead to poor performance by the business as well as portray a bad image for the firm.

Examples of Irresponsible Behavior in Business

HSBC was accused of failing to implement US anti money laundering laws that exposed Americans to financial exploitation by Mexican drug lords and other nations such as Iran. This scandal is approximated to amass a bill of approximately $1.5 billion. According ...

On July 12, 2015, Mexican drug lord Joaquin 'El Chapo' Guzman, the leader of the Sinaloa drug cartel, escaped from his jail cell in Altiplano prison, outside of Mexico City. With an estimated net worth of a billion dollars, Guzman is known as a brutal leader responsible for the thousands of murders, and the exportation of large amounts of cocaine, methamphetamine and marijuana into the United States. To many Mexicans, he is also a folk hero like Jesús Malverde, a Mexican Robin Hood figure who robbed Mexican banks in the early 1900’s (Campbell). In the Mexican state of Sinaloa, he is a ...

I. The Global Crime Scene All crime is local but in today’s globalized world, some crimes can have a global impact. In fact, with the increased use of information technology along with the liberalization of the movement of people, resources and trade, there are some domestic crimes that are more conducive to being committed across borders than strictly within one. For instance, three common domestic crimes that are increasing global in nature are trafficking, money laundering, and organized crime. Trafficking refers to the smuggling or illegal movement of people or goods. While drug trafficking is perhaps the ...

Introduction

Terrorist is a national issue, and every country should have great mechanism of dealing with this issue that is threatening the security of many nations. Various studies have recommended changes in various approaches used to respond to terrorism. Terrorism threat has generated debates concerning the organizational aspect of the problem. They have focused on organizational structure, intelligent, collection and budgetary priorities. Various studies have suggested a bigger role to the military in combating terrorism while others call for a new structure which will fight terrorism.

How to develop counter-terrorism plan

The United States safeguard their core values. They stand for equity, dignity, hope, freedom and opportunity for ...

CHAPTER 12

Abstract Randal C. Archibald in his article Vast Web Hides Mexican Drug Profits in Plain Sights, U. S. Authorities Say, published on March 26, 2014 in The New York Times goes into one very important part of the drug business the drug profits and their realization in recent times. He describes the behavior of Hugo Cuellar Hurdado heading one of the biggest Mexico’s drug cartels Sinaloa replacing the captured leader Joaquin Guzman Loera. It took thirteen years broad cooperation work between U. S. and Mexican authorities. The time necessary to reveal the money – laundry web is vastly ...

A Customer benefit package is combining of services and goods to the primary product that is ordered. The aim of combining goods is to add value to the final product that a customer gains. The main product that attracts attention to the customer is referred to as the primary product, and the additional goods or services are referred to peripheral goods. A good example is like in a restaurant; a meal may be offered along with a newspaper along it (Glanz, 102). The newspapers are the peripheral goods. Or simply, ensuring that there is free internet in a restaurant makes customers enjoy internet along ...

The rational choice theory is of the opinion that an individual acts by weighing the costs and benefits brought about by an action at the end through the use of personal advantage. As far as crime is concerned, the theory assumes that the rational decisions made by criminals to engage in any crime are made through the revision of all outcomes and possibilities. The outcomes depend on the benefits the criminals get by committing these crimes. Criminals do however consider the consequences of their actions, such as imprisonment and tread with care in the process of committing a crime. The ...

We have at our disposal credible information from our intelligence personnel based in Tucson, AZ, Mexico and U.S. that a new drug cartel is setting up business in Tucson, AZ. The leader of the largest drug cartel in Mexico was arrested last week following concerted efforts of the Criminal Investigation Agency, the Homeland Security Investigations (HIS), office of the Inspector General, the Internal Revenue Service, DEA’s Aviation Unit and the U.S. Immigration and Customs Enforcement. We have also used our undercover agents to buy some drugs from the business based in Tucson. Our agents confirm to us that the ...

Question 1

The government of the former President George W. Bush was lenient in the control of torturing of terrorist suspects. In a statement through the department of justice, his government issued a document confirming the torturing of Al-Qaeda suspects. One of the most common ways of torturing suspects was through waterboarding. This is a technique of covering a suspect with a cotton cloth over the head then pouring water over it to block any breathing avenues (the mouth and nose). The technique is extremely painful and has numerous resultant effects of the individual that is tortured. Sources close to the former president that have ...

An individual’s professional success greatly depends on the kind of education and training he obtains. Hence, pursuing knowledge in a reputed institution is of great significance in one’s life. At this point in my life, as a short term plan I want to pursue MS in Accounting Degree from a great Business School. I believe that Lubin Business School will be the best place to fulfil my educational aspirations. My educational background, experience, and life ambition will prove that I am well-suited to be a candidate for the course in your institution. I have worked at the New York County ...

1.0 CHAPTER I 1.1 Combating Criminal Narcotics Activity along the Southern Border Drug trade has been rife with violence for decades, though the level of violence we experience today are extraordinary. Without working on minimizing the severity of the problems that confront us today, it is critical to understand the background of the culture of violence and the cyclical nature of the violence epidemics. Substance abuse is one of the major problems facing nations while costing them a lot of money in health care costs, lost productivity, related crimes, and other social costs. It also contributes to high ...

Tax Haven is a country or an area where either taxes are not levied at all or are levied at a lower rate as compared to other areas or countries. International taxation may lead to higher tax rate and hence a higher amount of payment, due to this the various entities having subsidiaries may establish themselves in a tax haven. Different countries are a tax haven for different entities and businesses. Such a situation may lead to competition among governments. Various business houses prefer to establish themselves in an area where the tax rates are low. As per a report in 2012, the amount of unreported ...

1.0 Overview 1.1 Introduction 1.1.1 Brief description of technology and associated Science Wireless mobile payments rely on the technology of wireless internet connection as one of the emerging technologies. Mobile devices are used to affect various transaction payments ranging from paying bills, bank withdrawal and deposits, sending and receiving of funds, debt payments among others. All these transactions can be settled by the mobile handset holder irrespective of his or her geographical locations and irrespective of time. It is thus more efficient and reliable in reducing congestion of queues in banks, improving the speed of operations ...

Introduction

The task of this report requires the development and analysis of a counterintelligence activity, which specializes in the involvement of drugs, pertaining to an operation conducted by the Federal Bureau of Investigation (FBI). A plethora of counterintelligence sectors exist including matters involving illegal drug activities, terrorism, child pornography rings, money laundering, Internet scams, corporate security, and more. In general, counterintelligence competes with these aforementioned areas sometimes in ways that overlap. For example, an Internet scam may involve theft of consumer credit card information – as well as running illegal or non-existent gambling websites. The chosen case study to be developed concerns ...

The Patriot Act was passed after the 9/11 terrorist attacks to strengthen domestic security and increase the ability of the government to identify and stop terrorists. It has proved to be one of the most controversial laws in U.S. history (Doyle, 2001). It is comprised of ten titles which give federal law enforcement greater authority. Advocates claim that the Patriot Act is constitutional and instrumental in the war on terror. They cite a number of successful investigations and arrests of terrorists, and believe that law strikes an effective balance between civil rights and the ability of the government to protect ...

<Author> <Course> <Instructor>

Virtual Currency

Introduction 3

Types Of Virtual Currency 4 Evolution of Virtual Currency 6 Crypto-Currency 7 BitCoin 7 Virtual Currency Ecosystem 11 Virtual Currency Exchange 11 Administrator 11 User 11 Miner 12 Virtual currency wallet 12 Benefits of Virtual Currency 13 Global cash transfer 13 Cost Saving 14 Universal Currency 14 Conclusions 14

Bibliography 16

Introduction Virtual and digital currency are often confused and used interchangeably, when in reality virtual currency is a specialized kind of digital currency but not all ...

Planned change is a process that needs a continuous implementation of elimination of the demand for illegal substances. Setting up goals and objectives would unilaterally resolve the drug problem eventually, as absent demand. Thus, the impetus for the drug trade would disappear. Therefore, the cost of social and health costs related to drug abuse would reduce. Goals and objectives establish a framework for the program to be effective. They create a direction for the program. They also make the goals and objectives measurable through periodic assessments of items achieved. Goals have the mission of orienting the integration activity and budgets of the program ...

How the Bahamas was able to prove to Britain that it will able to sustain itself if independence from Britain was granted? (1/2 page down from top)

Dr. Robert Nash & Sydnee Viray (All double-spaced)

Introduction:

The Bahamas officially known as the Commonwealth of Bahamas is an island country consisting of more than 700 islets, cays and islands in the Atlantic Ocean. It lies to the north of Cuba and Hispaniola (The Dominican Republic and Haiti). It is North West to Turks and Caicos Islands. To its South East lies the U.S. State of Florida and to the East ...

Nowadays, in the banks much attention is being paid to the management of the risk. People are now more aware of using bank as their medium of sending money from one place to another. In this regard, the risks of the money laundering are increasing, and this issue requires proper attention. Several guidelines have been provided in every country in order to properly manage the risk associated with the money laundering so that the activities that finance terrorism can be combated. The prudential management of the risk along with the effectual supervision plays an important role in the protection ...

In the opinion of Pickett and Pickett (2012), corruption may be described as the misuse of power for individual gain. Sometimes, corruption is interchangeably used with bribery. In the opinion of Santoro and Strauss (2013), bribery is the act of offering, seeking or receiving any valuable item to sway the actions of people with power in discharge of public duty. Forms of corruption involve fraud, embezzlement, favoritism, collusion, and extortion. Evidence shows that corruption and bribery have been practiced for many years; although up to date, they have attracted increasing attention. It is unclear whether the attention of corruption ...

IMF

International Monetary Fund (IMF) Introduction The international monetary fund (IMF) was initiated in 1944 during the Bretton Woods Conference and formally created in 1945 with a membership of 29 countries. The main IMF goal was stated as to assist in the reconstruction of the world’s international payment system post the Second World War. Countries contributed money and put it in a pool through a quota system from where countries which had an imbalance in trade could borrow. Ever since the membership of the IMF has grown to 188 countries of the world and the main goal changed to fostering ...

Bribery and corruption are two related vices that are prevalent in virtually all global societies. Bribery is defined as the act of giving or receiving something with the core intention of influencing the actions of the recipient. These actions most often than not induce the recipient to carry out illegal, dishonest or activities that breach trust in the conduct of business. Corruption on the other hand focuses on the misuse of public office, rank, or status for one’s personal gain (OCSE, 2000). Bribery and corruption happen to be impediments to both global and national development. Countries and ...

According to Hadley & Harris (2014), the Internal Revenue Service (IRS) issued supplementary final and temporary regulations that can be found in T.D. 9657 under the Foreign Account Tax Compliance Act of 2009, or “FATCA”, including new regulations that can be found in T.D. 9658. These new rules and regulations have modified the international withholding, as well as the backup withholding and the rules on reporting of information which are applicable beyond the scope of FATCA (Hadley & Harris, 2014). As a general rule under the FATCA, the American withholding agents are mandated to withhold tax on specific payments to the ...

Organized Crime in the United States and its impact to the US Criminal Justice System

The United States of America has its fair share of problems when it comes to maintaining national security and stability against international and domestic threats. The federal government has to contend to the threat of various actors wishing to destabilize the country either through fear or terror or through illicit activity that paralyzes the country. One of the most crucial threats the US government faces today are the transnational organized crime groups which endangers the country from within its borders and through the rest of the world. The problem with this threat is the fact most of these organize ...