Newer, more modern methods for addressing multinational and domestic Colombian economic crime are presented, with quotations from many international leaders and writers on the subject. The concepts expressed in a 1989 Colombian essay on the fundamentals of sanctioned administrative law are highlighted that stress the cost of deprivation of personal liberty, imposition of penalties, cessation of business practices, and responsibility for one's actions as new ways of economic crime control. The necessary interplay of community participation, state sovereignty, and multinational cooperation as one way to combat international economic crime is discussed, and mention is made of a number of international agencies set up specifically to combat crime, in general, and multinational economic crime, in particular, such as INTERPOL and ILANUD. It is recommended that efforts be concentrated on developing prevention methods against international economic crime, rather than on the more difficult to resolve areas of investigation and processing after the fact. 38 references