19+ Money Laundering And Its Stages Images. This is where the criminal money is. After getting hold of illegally acquired funds through theft, bribery and corruption, financial criminals move the cash from its source.
Objectives By The End Of This Training You Will Be Able To Ppt Video Online Download from slideplayer.com The first stage of money laundering is when the individual participating in criminal activity places cash proceeds into the financial system. This part of the process is often complicated. Simply put, money laundering is the process of disguising the origin, i.e.
Money laundering is the process of changing the colors of the money.
The determinants of money laundering and its re gulation in over 80 countries. The primary purpose of this stage is to separate the illicit money from its source. Cash transactions are predominantly used for money laundering as they facilitate the concealment of the true ownership. The money laundering process begins after criminals acquire illegal funds from criminal activity and seek to introduce them into the.
