Financial Crimes:

An analysis of Collaboration on Behalf of the Crime of Money Laundering

Abstract

Money laundering is the incorporation of illicitly obtained resources into licit activities. There are three phases of money laundering: the placement, the concealment and the integration is the phase in which there is the total insertion of the asset in the economy, in which the capital becomes apparently licit. Among the sectors most used for money laundering are financial institutions, tax havens, off-shore centers, stock exchanges, and others. In order to exemplify the crime, we will present numbers from the Lava Jato operation with the purpose of analyzing the relationship between the institute of collaboration and money laundering crimes, showing how much the practices that curb this crime have already returned to the public coffers. The association of the legislation that combats this crime, with the rewarded collaboration, in law 12.850/13, is an instrument that helps the Brazilian justice in the investigation of these offenses. The research revealed that the institute of premature collaboration is fundamental to the fight against money laundering crimes, since large amounts have already been returned to the public coffers through this legislation. Partial official data from the Lava Jato Operation has already enabled the recovery of about R$11.9 billion.