Four conditions influence the complexity of organized crime money laundering. First are
diverse types of crime and forms in which proceeds are generated, including the type of …

We study the investment of organized crime in the legal economy. By using the shock
induced on the Italian credit market by the 2007 subprime mortgage crisis, we document …

This study complements existing literature on the mobility of criminal groups (mainly based
on country case studies) with the first systematic assessment of the worldwide activities of …

We analyze the economic consequences on firm profitability, performance, and investments
of having another firm in the same market affiliated with a criminal organization. We do so by …

Abstract Italian mafias—Cosa Nostra, Camorra, and 'Ndrangheta—are long-lived, resilient
organizations that have evolved to adapt to environmental changes. They have different …

Project IARM develops an exploratory methodology for assessing the risk of money
laundering (ML). In particular, it develops a composite indicator of money laundering risk:• at …

The paper analyses the impact of a preventive measure aimed at fighting the criminal
organizations' activities on the bank-firm relationship in the four Italian regions with the …

Asset confiscation regimes are present throughout Europe. The Italian State implements a
policy stipulating the confiscation of real estate assets from individuals convicted of mafia …

In this paper, I assess the causal effects of judicial administration on a sample of Italian
criminal firms in the period 2004–2016 to shed light on the dynamic path of the firm's …

This chapter examines the involvement of serious and organised crime groups in corrupting
public officials. Based on a comprehensive review of international literature, it seeks to …