It discusses the role of white-collar professionals who engage in fraud through their manipulation of financial, commercial, and legal procedures to conceal the origin or true ownership of the assets under their control. Strategies are outlined for the development of money laundering intelligence programs and investigative techniques. Activities described in the recommended enforcement strategy are intelligence gathering, analysis of current transactions, and the detection of completed transactions. Some common techniques described for the investigation of money laundering are financial auditing and accounting, undercover operations, electronic surveillance, and alternative investigative strategies. Other topics discussed are the overcoming of lack of legal jurisdiction and cooperation with Federal agencies.