Economic impact of money laundering Safdari Akbar*, Abdollahian Ali** *PH.D, Department of Management and Accounting, Karaj branch, Islamic Azad University, Karaj, Iran **Master Student of Economy, Islamic Azad University, Tabriz, Iran Online published on 16 August, 2018. Abstract Money laundering is the act of concealing the transformation of profits from illegal activities and corruption into ostensibly "legitimate" assets. Money laundering is essential for criminal organizations who wish to use illegally earned money effectively. Launderers are continuously looking for new routes for laundering their funds. Economies with growing or developing financial centres, but inadequate controls are particularly vulnerable as established financial centre countries implement comprehensive anti-money laundering regimes. Differences between national anti-money laundering systems will be exploited by launderers, who tend to move their networks to countries and financial systems with weak or ineffective countermeasures. In this article, we use the AHP method for measured, economic Effects of money laundering, such as Economic Distortions, Increase crimes, Reduction in Government Revenue, Lack of social security, Socioeconomic Costs and Dimension of Shadow Economy. Top Keywords Money laundering, economy, Shadow Economy, Economic Distortions. Top |