Money Laundering
What is money laundering?
By  Alankrita Singhal  |  17 Mar 2016  |  Upvotes: 0  | 

1 Answer(s)

Soumya
Advocate

Money laundering involves disguising financial assets so that they can be used without detection of the illegal activity that produced them. Through money laundering, the launderer transforms the monetary proceeds derived from criminal activity into funds with an apparently legal source.

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