Mr. Mahesh is a Drug-Dealer. He doesn't have a Regular Job. He made Rupees 10 Lakhs, from Sale of Drugs. He can't buy a House or Car, etc., with the Money. If He does, the Government will get Suspicious, and start investigating the Drug-Dealer. So, the Drug-Dealer opens a Bar or Tavern, and pads the Books to show Huge Profits on the Tavern, and pays His Taxes on the Money. This is an Example of --.

Question

Quizplus · Accepted Answer

This is an example of money laundering, where illegally obtained money is made to appear legal by creating a false appearance of legitimate income through a business.

Mr Mahesh Is a Drug-Dealer