- Money laundering is the process of concealing money that was obtained from illegal ways or criminal activity, or making it look like the money was earned legitimately
- Must be a technical process because financial institutions have a large amount of information on record
- Used by criminals because if the money is not concealed then law enforcement would discover it and not only confiscate the money, but charge the criminal.
Sunday, March 31, 2013
essay 3 - what i already know
What i already know about the process of money laundering for essay 3
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