The Shepherds of InEquality: And the Futility of Our Efforts to Stop Them - Softcover

Pretorius, Dawn

Softcover

ISBN 10: 1669848450 ISBN 13: 9781669848455

Publisher: Xlibris US, 2022

Synopsis

The Shepherds of Inequality and the Futility of Our Efforts to Stop Them provides the reader with well-researched information on money-laundering cases that made news in the years from 2017 to 2022. From trafficking people, donkeys, and sand, to ingenious bankers, people in power, and the very rich, a picture emerges of what must be the biggest industry in the world, because ongoing opportunities exist everywhere for anybody.

The world response known as anti-money-laundering legislation is traced to its origin and the measures being taken to combat this scourge. Her findings reveal a bureaucracy of compliance initiatives that cost financial services a lot of money with relatively little success, although well intended. The reasons, the author contends, are that much of the laws relating to tax application, company structures, offshore tax havens, justice systems protecting heads of state, the variety and ease with which money and cryptocurrencies can be moved, and the culture of greed have led to global inequality and undernourished economies.

The world is on the wrong path to minimize money laundering.

Edition details

• Publisher: Xlibris US
• Publication date: 2022
• Language: English
• ISBN 10: 1669848450
• ISBN 13: 9781669848455
• Binding: Paperback
• Number of pages: 366