View Three Basic Stages Of Money Laundering Background. Placement, layering and integration stage. How do criminals clean money?
Layering is the process of separating the proceeds of criminal activity from their origin through the use of many different techniques to layer the funds.
Integration of the cleaned money into the economy is accomplished by the launderer making it appear to have. Certain businesses that have naturally occurring high levels of cash are ideal for laundering cash: These include using multiple banks and accounts, having professionals act as intermediaries and transacting through corporations and trusts, layers of complex financial transactions, such as converting cash into travelers checks, money orders, wire transfers, letters of credit, stocks, bonds, or purchasing valuable assets, such as art or j. 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.