Money laundering makes large amounts of money that are generated by criminal activity appear to have come from legitimate sources. Governments have policies to detect it.

Placement is the first stage of the three stages of money laundering. At this stage, criminals attempt to enter the ‘dirty’ money into the financial system. This process can be dangerous because large ...

Get a simple, no-jargon explanation of how money laundering works from hiding illegal earnings to making dirty money look ...