S&D E22: Beyond the Shadows - The Underworld's Financial Playbook

In this conversation, host Aidan Larkin explores the complexities of international money laundering with Miles Johnson, an investigative reporter for the Financial Times and author of Chasing Shadows (2023).

Drawing on Miles’ reporting and research, they examine the intricate connections between organized crime and global finance, the challenges faced by law enforcement in dismantling these networks, and the geopolitical factors that influence the recovery of illicit assets.

Tune in to hear Miles explain how criminal networks navigate loopholes to move illicit funds across borders, and the geopolitical factors that influence their recovery.

Timestamps

00:00 – Introduction

10:30 - The Intersection of Organized Crime and Financial Markets

18:45 - Challenges in Investigating Money Laundering

25:00 - The Role of the DEA and International Law Enforcement

32:20 - The Complexity of International Crime Networks

40:00 - Reflections on Chasing Shadows

About our Guest

Miles Johnson is an investigative journalist specialising in international organised crime and money laundering. As a reporter for the Financial Times, he has uncovered complex criminal networks, exposed the financial systems that enable illicit operations across borders, and been instrumental in bringing high-profile cross-border investigations to light to reveal the mechanisms that underpin global criminal enterprises.

Key Takeaways

Organised Crime and Financial Markets: Organised crime syndicates operate like sophisticated businesses, interacting with the financial world and exploiting its structures for money laundering.  

Challenges in Investigating Money Laundering: Miles explains the intricate and resource-intensive nature of money laundering investigations, emphasising the need for robust legal frameworks and international cooperation to tackle these crimes effectively.  

The Role of the DEA and International Law Enforcement: Aidan and Miles explore the DEA's expanded mandate post-9/11, its international operations, and the challenges faced in cross-border law enforcement efforts.  

Complex International Crime Networks: The conversation highlights the multifaceted nature of global crime networks, involving diverse groups and activities, and the importance of understanding these dynamics for effective law enforcement.  

Reflecting on Chasing Shadows: Miles' reflects on the realities of investigating international crime, the challenges faced by law enforcement, and the importance of accurate journalism in shedding light on these issues.

Resources Mentioned

Amazon | Chasing Shadows

Miles Johnson | Financial Times  

NCA: Operation Destabilise

Erin West on Seize & Desist

Oliver Bullough on Seize & Desist

Geoff White on Seize & Desist

Stay Connected

Dive deeper into the world of asset recovery with Seize & Desist. Subscribe for exclusive insights into the stories that are redefining asset recovery:

https://link.cohostpodcasting.com/b36b929c-6ca3-4e49-8258-44c310d012c9?d=sG5Qi2MdL  

Disclaimer

Our podcasts are for informational purposes only. They are not intended to provide legal, tax, financial, and/or investment advice. Listeners must consult their own advisors before making decisions on the topics discussed.  

Asset Reality has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.

The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Asset Reality employees are those of the employees and do not necessarily reflect the views of the company.  

Asset Reality does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  

Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Asset Reality.