Keeping Foreign Corruption out of the U.S.

Combating corruption is a key U.S. value and goal, due to its corrosive effects on the rule of law, economic development, and democratic principles. This book examines how politically powerful foreign officials, their relatives, and close associates have used the services of U.S. professionals and financial institutions to bring large amounts of suspect funds into the U.S. to advance their interests. Using four cases studies, this book shows how some PEPs have used U.S. lawyers, real estate and escrow agents, lobbyists, bankers, and even university officials, to circumvent U.S. anti-money laundering and anti-corruption safeguards, and offers recommendations on how to stop the abuse. See more