Rogue Trader



Rogue Trader

Introduction

The authorities of international bodies have engaged themselves in the development of common strategies in order to fight against money laundering and monitoring the flow of dirty money from it deriving (FATF, Interpol, and Council of Europe). These authorities have agreed to record a progressive evolution of criminal activities into the new geographic areas that are characterized by weak political and legislative authorities. Thus, they are unable to provide adequate guarantees of regulation and transparency in the fields economic and financial, and particularly vulnerable to infiltration of the funds available to the organized crime. The phenomenon of the expansion of organized crime on international routes is bounded by several forces. Therefore, the established higher profitability related to some criminal cases (smuggling, drug trafficking and illegal trade of weapons, investments "off shore" by capital illegal origin frauds) are physiologically projected beyond the scope of the national boundaries.

Based on the ground reality of organized crimes, the premises founded the innovative strategy of criminal organizations for greater standings such as Mafia: Italian, Chinese, Russian, Japanese yakuza. These were commonly known as the crime organization, they aimed to facilitate the expansion of crime, well beyond the national boundaries. They had set up their functions in such a way that they were progressing gradually, they were focused on identifying a valuable help in technological progress and process of financial integration, which enables them to move easily beyond removing them from the funds of illegal origin, so, to national regulations and taking advantage of less restriction. The turning point in the growth of the criminal phenomenon is undoubtedly, be identified in the ability to have been able to promptly respond to the requests from the market, because of changes in the economic and political situation. This particularly refers to arms trafficking such as those countries that are at war or who are in states alarm military irreversible, or the ability manifested by the operators of the crime organized to identify direction in the political changes in recent years. In some areas of Central and Eastern Europe, it has been seen more often that they are affected by colossal processes, privatize economy and consequently, highly attractiveness from the standpoint of placement laundering.

In this progressive reduction in the control of several countries and their economy, it is in fact accompanied by the growth of powerful criminal organizations. They were involved in the laundering like, managing the cash flows produced by corruption, fraud fed and handled by recycling and generate many distortions in order to exploit the regulation. The market systems that are altering the functions of the entire system of prices, hindering the free competition about human resources, offering work and providing easy money through illegal activities. This causes the closure of businesses environment, preventing the initiation and development of new businesses and polluting public procurement on the capital market. The distorting of allocation of financial resources through recycling the dirty money and laundering it has been seen in a broader way in past few ...