This quick guide by Phyllis Atkinson looks at how criminals manipulate and misuse corporate vehicles in offshore jurisdictions to launder money. It focuses on the meaning of "corporate vehicle" and "offshore" and other related concepts such as beneficial ownership. It also gives an example of how a trust, which is one common type of corporate vehicle in the vast "offshore ecosystem", can be used for illicit purposes. 

At the opening of a five-day workshop in Malawi on Mutual Legal Assistance and the Misuse of Offshore Structures to Conceal Beneficial Ownership, the Honourable Justice Dr. Chifundo Kachale hit the nail on the head. Imprisonment alone is not enough, he said. Recovering the stolen assets sends a strong message that crime does not, and should not, pay.