Zastosowanie teorii „Crying Wolf” w procesie wykrywania prania brudnych pieniędzy
Applying a theory of “Crying Wolf” in the detection process of money laundering

Summary/Abstract: The problem of money laundering in Central and Eastern Europe is discussed in the paper. It characterizes the issue and government regulations which are going to solve it. “Crying Wolf” theory, which deals with the subject of quality of information being transmitted by institutions working for financial intelligence units, has been used to analyse the problem. It is proved that if sanctions are higher above the optimal point of informational Laffer curve, there is an increase of suspicious transactions reported by banks in countries where the amount of fines is high in comparison to GDP per capita value. In order to justify a thesis there were used suspicious and threshold transaction reports, which were recorded in particular in Central and East European countries.

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