... of banks to money laundering risk. This vulnerability persists despite ongoing efforts to curtail the exploitation of the banking sector as a conduit for illicit financial activities. Drawing on routine activity theory, this study analyzes how the convergence of motivated offenders, suitable targets...

... Routine activity theory Situational crime prevention The overall reported scale of money laundering symbolises the power retained and the wealth generated by criminal activity. By providing legitimacy surrounding illicitly gained funds, Wright (2005 , p. 68) suggests money laundering is “bad...

... into the mechanisms governing the fraud. This study draws on routine activity theory and crime pattern theory to analyze the opportunity structures of this fraud. Findings – This study found that the importer that engaged in the fraud cases had established a solid business relationship with the exporter and had...