18+ Placement Definition Money Laundering Gif. Generally, this stage serves two purposes: Placement is the most difficult step.
First Stage Of Money Laundering Placement People Launder Money Using Money Laundering Techniques For Two Principal Reasons from static.wixstatic.com Money laundering is the process of changing large amounts of money obtained from crimes, such as drug trafficking, into origination from a legitimate source. Generally, this stage serves two purposes: Money laundering usually consists of three steps:
Money laundering usually consists of three steps:
And (b) it places the money into the legitimate financial system. (a) it relieves the criminal of holding and guarding large amounts of bulky of cash; Placement puts the dirty money into the legitimate financial system. Money laundering is the illegal process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source.
