US efforts to stop movement of dirty money are 'weak,' 'just for show,' report states

[] By Douglas Perry | The Oregonian/OregonLive [] Email the author | Follow on Twitter [] on November 12, 2015 at 8:49 AM, updated November 12, 2015 at 3:19 PM

Street crime rarely produces huge scores. The big money in crime is mostly reserved for professionals in swank suits. And they tend to feel rather confident that they're going to get away with their crimes ‑‑ for good reason. A key problem in making high‑level criminals pay for their crimes: governments aren't especially determined to crack down on the movement of illicit money, insists Transparency International. "Every year as much as $2 trillion of dirty money is laundered through the global financial system, much of it by hiding the real owners of companies," the independent anti‑corruption group reports [] . Transparency International says that politicians' promises to make life hard on white‑collar criminals through tough transparency policies are for the most part "just for show." In a new report it claims that 15 of the countries in the G20 [] ‑‑ 19 of the largest advanced countries and the European Union ‑‑ "have weak or average beneficial U