ACHIEVEMENT 4 BY @MAX2118 TASK:APPLYING MARKDOWNS
I have read the post of achievement 4 and this is my attempt
Money laundering
Money laundering is something every criminal does in order to clean illegal money which is where the term laundering came from
"Money laundering is the illegal process of concealing the origins of money obtained illegally by passing it through a complex sequence of banking transfers or commercial transactions. The overall scheme of this process returns the "clean" money to the launderer in an obscure and indirect way." Source
Criminal making millions of dollars or naira have one problem, how to make the dirty money look legal. Transferring large sums of money or carrying bags of money will raise suspicions so they need to launder the money instead. Money laundering goes on in our governments everyday. Almost everyone nowadays are laundering money starting from the small scale business man to the public officer in government.
There are 3 main steps in money laundering; placement1, layering2, integration3, for more explanation
Click here https://people.exeter.ac.uk/watupman/undergrad/ron/methods%20and%20stages.htm
The bigger the amount of money the harder it is to launder it. Just like late hip hop musician said
"More money, more problems."
—notorious BIG
I hope I met the requirements for achievement 4 and that you also enjoyed my post on money laundering . Thanks for reading
Cc:
@cryptokannon
@whitestallion
@steemcurator03
@alphafx
@awesononso
I stop by to inform you that I have successfully verified your achievement. You can now continue with the program and perform your achievement #5, which is called understanding the Steem tools. Here is the link to a post about it, so you can develop your next activity. Remember that the achievements' posts must be posted within the Newcomers' Community. Success for you.
Important information: congratulations for making it this far and performing your achievements. From now on, you may be eligible to be part of the support program for newcomers called 500SP Minnowsupport. I invite you to continue performing your other achievements.
Notes: You could have shown how you used the markdown. Also, you could have used images to be centered or right-left aligned. But this is a good attempt.