Download Three Stages In Money Laundering Process Pics
Download Three Stages In Money Laundering Process Pics. Money laundering is not a single act but is in fact a process that is accomplished in three basic steps. What is the purpose of money laundering?
1 Money Laundering Activities In Money Laundering Stages Source Bcm Download Scientific Diagram from www.researchgate.net See full list on onestopbrokers.com Integration of the cleaned money into the economy is accomplished by the launderer making it appear to have. A) placement b) layering c)integration
These steps can be taken at the same time in the course of a single transaction, but they can also appear in well separable forms one by one as well.
Money laundering is not a single act but is in fact a process that is accomplished in three basic steps. Integration is the final stage of the process, whereby criminally derived property that has been placed and layered is returned (integrated) to the legitimate economic and financial system and is assimilated with all other assets in the system. It must cover money that has already been placed into the financial system and, of course must cover money derived from other forms of crimes that has never been in the form of cash. Certain businesses that have naturally occurring high levels of cash are ideal for laundering cash:
