We discuss the many faces to money laundering, the cost to society and potential remedies. Why is it so hard to track and prosecute money laundering? How does it finance terrorism? [ dur: 58 mins. ]

* Moyara Ruehsen is Associate Professor at Middlebury Institute of International Studies at Monterey, California. She is the Director of Financial Crime Management Specialization. Her expertise is in financial regulatory compliance and investigations, and public policies related to illicit markets as well as macro-economy. She is the author of Follow the Proliferation Money and Terrorism Financing Methods: An Overview.

* Richard Gordon is Professor of Law at Case Western University. He is also Director of the Financial Integrity Institute; Associate Director of the Frederick K. Cox International Law Center. He is the author of A Model Regulation on the Prevention of Money Laundering and Financing of Terrorism and Laundering the Proceeds of Public Sector Corruption.

This program is produced with contributions from the following volunteers: Ankine Aghassian, Melissa Chiprin, Anaïs Amin, Tim Page, Mike Hurst and Sudd Dongre.