Note
Prepared for Southwestern University School of Law, Symposium on the Americas: Eradicating Transboundary Crime, March 10, 1995.
Summary
National governments have responded in a variety of ways to the growth in organized crime and money laundering. In the last two decades the most promising line has been to enact and refine legislation to take the profit out of crime.
The paper concludes with some comments on the extent to which the promise of the theory has
been realized. First, the American legislation in the area is briefly reviewed. The paper then
provides a fuller description of the Canadian proceeds of crime legislation and the experience
with the statute. The paper then considers the nature and extent of international cooperation in
containing organized crime.