Analyzing The Impact Of Technology On Transnational Crimes, Including Cybercrime, Corruption And Money Laundering

Written by: Adv Kavita N Solunke, BA, BSL, LLM, MBA, GDC&A, PG(ADR), CCIO, Additional Government Pleader, Arbitrator, Mediator& Conciliator High Court Mumbai & Notary Govt of India

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Prof. Dr Deepak K Jumani. ACS(USA), FIAMS, FCSEPI, FRCM, FISH, FRSSDI, FDI, CCIO MBBS(Bom), Ph.D. (USA), MRCPS(Glasgow), FRCP (Glasgow), Asst. Prof. Dept of Medicine,

Sir JJ Group of Govt Hospitals & Grant Medical College, Mumbai, Consultant Sexual Health Physician and Counsellor, Consultant to Mumbai Police

Abstract

The rise of technology has completely transformed the world of transnational crimes, bringing with it new and unique challenges and opportunities for law enforcement agencies, policymakers, and regulatory bodies across the globe. This paper delves into the complex effects of technology on transnational crimes, specifically examining cybercrime, corruption, and money laundering. The internet and digital technologies have greatly facilitated the globalization of criminal activities, allowing criminals to operate across borders with increased anonymity and impunity. Cybercrime, which includes various illegal activities like “hacking, identity theft, and online fraud,” has become a widespread threat to individuals, businesses, and governments. In addition, technology has been instrumental in enabling corruption and money laundering on a global level. The lack of transparency in cryptocurrency transactions and offshore banking systems has made it difficult for traditional methods of financial regulation and oversight to effectively address the issue of illicit funds crossing borders undetected. By thoroughly examining case studies, regulatory frameworks, and technological trends, this manuscript explores the complex relationship between technology and transnational crimes. This highlights the pressing requirement for global collaboration, creative regulatory methods, and technological advancements to effectively address the ever-changing landscape of threats. To accomplish this objective, this paper will collect data from a wide variety of secondary sources, including books, journals, articles, and reports that are pertinent to the subject under investigation. This paper seeks to provide valuable insights into the complex dynamics of technology-enabled transnational crimes. Its goal is to educate policymakers, law enforcement agencies, and stakeholders about the urgent challenges and potential opportunities in protecting global security and financial integrity in the digital age.

Keywords: technology, transnational crimes, cybercrime, corruption, money laundering, legal provisions

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Volume 2 | Issue 2