Download What Is Stages Of Money Laundering PNG. The money from the criminal activity is considered dirty, and the process launders it to make it look clean. A particular scheme might have stages.
Anti Money Laundering Overview Process And History from cdn.corporatefinanceinstitute.com Money laundering can generally be defined as the process of concealment of existence, the illegal source or the application of income obtained from criminal activities, and the subsequent concealment of the source of that income to make it appear legitimate. When money obtains from criminal acts such as drug trafficking or illegal gambling, the money consider dirty in that it may seem suspicious if deposited directly into a bank or other financial institution. This stage is called integration.
This involves the process to get the funds back to the criminal from what seems to be a reputable source.
In the first stage, the money launderer injects the proceeds of criminal activity to the financial system. What is money laundering ? This stage is called integration. This involves the process to get the funds back to the criminal from what seems to be a reputable source.
