Money Laundering ?
What is money laundering?
Step people to disguise the money so that money is not known its origin from where by doing various transactions to be as if the money is legal
Process of Money laundering are :
1.placement
Put that money into the financial system to convert so it's hard to track
2.layering
The washer tries to sever the money from the source of the crime from the source so that it can not be read
3.integritation
The money that has been washed back again to its origin
Thanks for reading.
No, you are surely lying!
If it does not involve shoving cash into a laundry machine, then I won't buy it.
So all those years of cash transactions are mmmm....my grandma passed away and left a big stash of cash in her mattress...source of funds?? the governments are doing it every day...remember they write the laws to protect themselves and punish the population.