An unheard of new overseas ethical and felony rule forbids one country from webhosting funds stolen by way of the leaders of one other kingdom. the purpose is to counter grand corruption or kleptocracy ("rule by way of thieves"), while leaders of poorer countries—such as Marcos within the Philippines, Mobutu within the Congo, and extra lately these overthrown in revolutions within the Arab international and Ukraine—loot billions of greenbacks on the cost in their personal voters. This funds has a tendency to finish up hosted in wealthy nations. those host states now have an obligation to dam, hint, freeze, and grab those illicit money and hand them again to the nations from which they have been stolen. In The Despot's consultant to Wealth Management, J. C. Sharman asks how this anti-kleptocracy regime took place, how good it truly is operating, and the way it may well paintings higher. even supposing there were a few actual achievements, the foreign crusade opposed to grand corruption has run into significant hindrances. The vested pursuits of banks, attorneys, or even legislation enforcement usually want turning a blind eye to overseas corruption proceeds. convalescing and returning looted resources is a protracted, advanced, and dear process.

Sharman used a personal investigator, participated in and saw anti-corruption coverage, and performed greater than 100 interviews with key gamers. He additionally attracts on numerous journalistic exposés, whistle-blower money owed, and govt investigations to notify his comparability of the anti-kleptocracy files of the U.S., Britain, Switzerland, and Australia. Sharman demands larger policing, preventative measures, and use of gatekeepers like bankers, legal professionals, and actual property brokers. He additionally recommends giving nongovernmental agencies and for-profit businesses extra scope to independently examine corruption and grab stolen assets.