Black money reality and laundering crime with Turkey and World size

Although crime linked money has been around since the dawn of humanity, it is fairly new that laundering that money through putting it into economical system and make it look like clean. Today many organized criminal enterprises which get substencial amount of money especially from drug dealing, arms smugling, human trafficking, illegal nuclear substance trafficking, gambling and prostitution, need to launder their revenues to avoid confiscation. Since the money laundered can be used in the system without any problem, it is processed a lot to get that phase. Developping transportation facilities and technologies offered new ways to money launderers. Besides the conventional way of laundering, cash smugling, electronic transfer opportunities of banks and financial institutions started to be used as a tool for money laundering. For the prevention of illicit money and money laundering as they are clear threat to world's economical system, today worlwide organizations have been founded, infrastructure of national and international conflict has been created to fight against laundering on a global scale prevention of illicit money and laundering. Key Words: Illicit Money, Crime Revenues, Laundering Offence, Unrecorded Economy, Organized Crime Enterprises