Get Money Laundering Means Images. Money laundering the process of taking the proceeds of criminal activity and making them appear legal. The money laundering process can be broken down into three stages.
How To Prevent Money Laundering By Alonte O Well from 0701.static.prezi.com So money laundering is a way to hide the illegally acquired money. Criminals use a wide variety of money laundering techniques to make illegally obtained funds. It is a worldwide problem, with approximately $300 billion going through the process annually in the united states.
By passing money through complex transfers and transactions, or through a series of businesses, the money is cleaned of its illegitimate origin and made to appear as legitimate business profits
Money laundering refers to converting illegally earned money into legitimate money. It is a crime in many jurisdictions with varying definitions. It is a key operation of the underground economy. Money laundering is the processing of these criminal proceeds to disguise their illegal origin.
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