Essay example --

Value-Belief-Norm TheoryThe aim of this seek paper will be to depict the difference between criminals who get in property launder and tax income evasion. In this regard, the theory of Value-Belief-Norm lowlife be taken into concern. According to this theory, actions of an individual argon directly influenced by his/her moral and personal values that impose considerable impact upon the behavioral attitudes (Boersema & Reijnders, 2008). Hence, these psychological aspects further forms as a difference between a normal individual and a criminal. Money LaunderingMoney substructure often be duly considered as one of the prime reasons for which around of the criminal activities happen in this world. In this regard, one of the commonly identify crimes associated with notes is the aspect of money laundering. Money-laundering is regarded as the process through which criminals of completely sorts cover the origin of their wealth in order to avoid suspicions fro m unlike law-enforcement agencies. This is also performed by the flock with the intention of hiding evidences that could lead to their drop behind in front of the law. Money laundering butt joint be kill through several ways that include structuring and round tripping among the primary feather ones. In the regularity of structuring, money is broken into several small deposits that issue the chances of any suspicion from various law enforcement agencies. In relation to the method of round tripping, money distorts the market, further lessening the chances for law enforcers to detect the money (UNODC, 2013 1 Legal Information Institute, n.d.). In terms of law, money laundering is considered as a crime and penalty is thus imposed on people involved in laundering money. E.g. 18 USC 1956 of law dep... ...inals Who Engage In Money Laundering and Tax EvasionFrom the above discussion, several differences can be depicted between criminals engaged in money laundering and tax evasion. In this context, criminals involved in money laundering are influenced to conduct the crime in order to hide the destination or the source of their income. On the other hand, a criminal involved in tax evasion mainly tends to hide real financial positioning in the form of paying less tax to the concerned authorities. hotshot more dissimilarity between the two can be ostensibly observed as the legal actions that are imposed over these criminals. Criminals of money laundering are expected to get stern penalty as compared to that of tax evasion. Additionally, moral values, according to Value-Belief-Norm theory also differ in nature between the criminals engaged in money laundering and tax evasion.