Money blackening

The blackening of money is the reverse of the Money laundering.

If the main concern of the criminal organizations is to reinject illicit incomes in the official economy, the preoccupation with a private company which would wish to develop illicit activities (like the Corruption civils servant or political personalities, the illegal Financement of the French political parties) is, contrary, to generate occult funds and black money in liquid.

In other words, if the money laundering consists in dissimulating the origin of funds " sales" , blackening, as for him, consists in dissimulating the destination of funds " propres".

The Affaire Elf provides an anthology of the techniques of blackening: plays of surfacturations or under-invoicings at the time of real estate transactions, Bearing by intermediate at the time of operations of purchase or sale of foreign companies, subcontracting of the operations by subsidiary companies in banking paradises, commissions cans by intermediate cans, etc

References

the “clean money blackening”, new gangrene of the financial system , Le Monde, December 7th, 2001

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