Get Placement Stage Of Money Laundering Pictures. The first stage of money laundering is known as 'placement', whereby 'dirty' money is placed into the legal, financial systems. This stage represents the initial entry of the dirty cash or proceeds the integration stage (investment):
How Money Is Laundered In India Rediff Com Business from im.rediff.com Before this happens, the money is usually broken up into smaller amounts to help avoid detection by financial institutions. Accordingly, the first stage of the money laundering process is known as placement. layering is often considered the most complex component of the money laundering process because it deliberately incorporates multiple financial instruments and transactions to confuse aml controls. Placement entails depositing illicit funds into financial institutions.
Money laundering is the illegal process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source.
In the first stage, the money launderer injects the proceeds of criminal activity to the financial system. In the placement stage, bad actors filter the money earned from illegal activity into the financial system. 22 311 22 . The first stage is placement.
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