What does you understand by money laundering?

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1132376

2026-07-07 21:50

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Money laundering is the process of concealing the origins of illegally obtained money, typically by passing it through a complex sequence of banking transfers or commercial transactions. The goal is to make the illicit funds appear legitimate, allowing criminals to enjoy their profits without attracting attention from law enforcement. This often involves three stages: placement, layering, and integration. It undermines financial systems and can facilitate further criminal activities.

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