1. Drugs, the Internet, Money- Laundering and Shell Companies Tom Bergin

2. Online Drug dealing Internet Payment Systems Shell companies

3. Drug dealing online “FBI shuts alleged online drug marketplace, Silk Road” “Silk Road: The eBay of Illegal Drugs” “After Silk Road's demise, online drug dealing moves to new sites” Source: Reuters, WSJ, The Verge

4. Life cycle of online drug market Early 2011 – Silk Road begins operations March 2011 – Gawker reports on the site. June 2011 – U.S. Senators ask Attorney General to crack down on Silk Road Nov 2011 – Secret Service co-operating with overseas agencies on investigation Oct 2013 – FBI shuts Silk Road

5. Challenges of online drug dealing Secrecy User Confidentiality Traceability of shipments Trust

6. Internet payment systems

7. Liberty Reserve “ 'Black Market Bank' Accused of Laundering $6 Billion” – ABC News

8. Liberty Reserve Mr. A Money Ex. Bank Mr. B Money Ex. Account AAccount B LRs

9. Online Money Exchange (Unregulated) Bank (Unregulated) B Co. (Caribbean) Ltd. Online Money Exchange (Regulated)

10. Technocash concedes 'one got through net' - The Australian

11. Shell Companies