Money Laundering and Technology Enabled Crime: a cultural analysis
Over the past decade or so, aided by information and communication technologies, money laundering has seen a sharp increase. While traditionally money laundering was associated with drug cartels and warlords, increasingly the focus has shifted towards white collar crime and terrorist financing. It is therefore important to understand why money laundering (and hence white collar crime) comes into being and sustains over a period of time. This paper, while exploring the antecedents of technology enabled white collar crime, undertakes a cultural analysis of the Silk Road case. The cultural analysis helps in understanding patterns of behavior associated with technology enabled white collar crimes.
AMCIS