Cost savings as proceeds of crime: a comparative study of the United States and United Kingdom

Alexander, Richard

Abstract

The article begins by comparing and contrasting the provisions relating both to asset forfeiture and money laundering under U.S. federal law and the law of the United Kingdom (in this area, the differences between the provisions of the three jurisdictions making up the United Kingdom are not significant). Some reference is also made to Florida state law, but principally by way of example rather than analysis. It then analyzes the U.S. case law relating to costs saved through the commission of a criminal offense and considers the possible effect of the amendment, made in 2009, to 18 U.S.C. § 1956, before turning to the English case law for comparison. Finally, recommendations are made as to possible further reform to the U.S. provisions.

Citation

Alexander, R. (2011). Cost savings as proceeds of crime: a comparative study of the United States and United Kingdom. The International lawyer, 45(3), 749-816

• Journal Article Type: Article
• Acceptance Date: Aug 23, 2011
• Publication Date: Dec 15, 2011
• Deposit Date: Apr 9, 2016
• Journal: The International Lawyer
• Print ISSN: 0020-7810
• Electronic ISSN: 2169-6578
• Peer Reviewed: Peer Reviewed
• Volume: 45
• Issue: 3
• Pages: 749-816
• Publisher URL: http://www.jstor.org/stable/23824392