The Riyadh Book (74)

The seventy-fourth edition of the book Al-Riyadh titled "Money Laundering Crime: An International Theory of Its Social, Systematic, and Economic Aspects." Release date January 2000. Author: Ahmed bin Mohammed Al-Omari. Number of pages: 404 pages. About the book: Money laundering process has been linked to organized crime. It started in the United States after World War I and increased during the economic depression period, then spread throughout the rest of the world. The term "laundering money" was used to refer to Germany's purchase of projects with dirty (illegal) money and mixing it with capital and profits of those projects.