What Is Money Laundering

What Is Money Laundering?

Answer (1)

Team Legistify

  • Sector-1, Noida

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.

Answered on 28 Sep 2018


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