Financial Criminology: Issue of Money Laundering in Bangladesh Perspective

Abstract

Money Laundering’ which is becoming common incident in Bangladesh day by day. As Bangladesh is known as developing nation and the socio-economic advancement technology, many criminals are using this technology with various kinds of sample for committing crimes sharply. Approximately 80% people have responded that many illiterate criminals are engaged in crimes with different type of channels. Petty crimes and violent extremism is mainly done by a group of needy peoples. Robbing financial institutions and personal properties are basically done by those group of people who have highly developed idea about advancement of technology. To reach at the end of money laundering, one must have to know how criminals are operating their activities and achieved money without great effort. So, this paper is focusing on grow or cause to grow about money laundering, groups of people involved in money laundering, processes of money laundering, negative impact of money laundering and what kind of paces can stop this violence in Bangladesh. This study also recommends some new solutions that may help Bangladesh to tackle money laundering and other financial crime problems.