15+ Alarming Money Laundering Statistics That You Must-Know

Money laundering is a serious crime that can have huge consequences for businesses and individuals.

Despite this, money laundering continues to be a problem around the world. Here are some Money Laundering Statistics to help you understand the scope of the issue.

Key Finding on Money Laundering Statistics

  • About $227.8 million money laundering in USA in 2020 according to our calculation that based 2020 Money Laundering Offense Report (Total estimate amount to be $300 Billion each year).
  • 22.0% money laundering amounts greater than $1.5 million.
  • 20.3% money laundering amounts of $40,000 or less.
  • The median money laundering amounts was $301,606.
  • 755 involved money laundering cases reported to US Sentencing Commission in Facials Year 2020 .
  • The estimated amount of money laundered globally in one year is 2 – 5% of global GDP, or $800 billion – $2 trillion in current US dollars.
  • By 2025, anti-money laundering software market is projected to reach $2.77 billion.
  • Anti-money laundering activities recover only 0.1% of criminal funds.
  • 70.6% money laundering offenders were United States citizens.
  • 69.8% money launder had little or no prior criminal history.
  • 90 percent of the money laundered goes undetected. (Source: Forbes)
  • Suspicious Activity Reports (SARs) lead to the blocking of about 31% of laundered Money annually.

U.S Money Laundering Statistics 2020

  • 755 involved money laundering cases reported to US Sentencing Commission in Facials Year 2020.
  • About $227.8 million money laundering in USA in 2020

Money Laundering Punishments Stats

  • 64 months is the average sentence for money laundering offenders.
  • 87.7% of were sentenced to prison.
  • 31.3% were convicted of an offense carrying a mandatory minimum penalty
  • The average age of these offenders at sentencing was 42 years.

Global Money Laundering Statistics 2021

  • The estimated amount of money laundered globally in one year is 2 – 5% of global GDP, or $800 billion – $2 trillion in current US dollars.
  • The average global money laundering risk score increased from 5.22 to 5.3 out of 10 (Reported by Basel AML Public Index 2021)
  • 50% money laundering goes undetected across the industry as a whole.
  • 62% compliance officers say criminal activity is getting harder to spot. (Basel System Reports 2021)

How Much Money is Laundered Every Year

According to estimates by UN Reports, the figure is around $800 billion to $2 trillion globally. In the United States, it’s estimated that around $300 billion is laundered each year.

How Much Money is Laundered Globally Each Year

The global volume of money laundering is estimated between $800 billion and $2 trillion laundered globally each year.

This money comes from a variety of illegal activities, such as drug trafficking, human trafficking, weapons trafficking, and corruption. Laundering this money is essential for criminal organizations to keep their activities hidden and to enjoy the benefits of their ill-gotten gains.

AML Software Market Size

  • By 2025, anti-money laundering software market is projected to reach $2.77 billion.
  • In 2019, AML noncompliant banks paid 6.2 billion USD fines globally.

Sources

Forbes

Basel AML Public Index 2021

Tookitaki

Bloomberg

Fenergo

Compliance Week

Compliance Week

Finance Feeds

ETF trends

Cointelegraph

Europol

Reuters

Reuters

ZDNet

Ciphertrace

Ciphertrace

Ciphertrace

Marketsandmarkets

Statista

Grand View Research

Urbantaphouse

Finance Magnates

SaaS Scout

Tookitaki

 Businesswire

Businesswire

US Money Laundering Facts

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