Penguin Business nets White’s ‘revelatory’ investigation into money launderers

Penguin Business has signed award-winning journalist Geoff White’s Rinsed: How a New Generation of Money Launderers are Plundering the World and Why We Need to Stop Them.

Celia Buzuk, editor at Penguin Business, bought world rights to the “revelatory investigation into the new army of innovative criminals using tech to launder money, and the consequences for all of us” from Luigi Bonomi at LBA Books. It will be published on 13th June 2024.

The blurb reads: “Money laundering has been around for centuries. For as long as there have been those willing to steal money, there’s been an industry ready to wash it. But recent innovations in tech have created an entirely new world of money laundering that threatens to overwhelm the authorities, destabilise economies and disrupt society.”

White is a global specialist on technology and organised crime and one of the UK’s leading journalists in the field, working for the BBC, Channel 4 News, the Sunday Times and more.

He has won multiple awards for his reporting on stories ranging from the Snowden leaks to internet dating fraud. His podcast series “The Dark Web” has been a top 10 hit on Audible since its launch in 2017 and “The Lazarus Heist,” the BBC World Service podcast he co-hosted, reached number one in the UK Apple chart. His first book, The Lazarus Heist, was published earlier this year by Penguin Business.

Buzuk said: “Geoff White’s writing is completely immersive and gives us a rare insight into underworlds we otherwise don’t see, or even know exist, in our societies. His new book promises to expose some of the world’s darkest criminal networks and their wrongdoings. Deeply revealing and troubling, White will uncover the human stories at the heart of these crimes and the threat cyber-launderers pose to all of us, if left unchecked.”

White commented: “Through my many years covering crime and tech, I’ve become increasingly fascinated by the ‘downstream’ story: where does the money go after the crooks have stolen it? This leads to the fascinating world of money laundering. It’s fiendishly complex, endlessly engrossing, and without it, organised crime would largely grind to a halt. As ever, technology is at the cutting edge of this underworld industry. Rinsed will peel back the layers, following the victims and villains across the globe, and revealing the tech wizards who enable it all.”