What is the criminal offence involving the intent to convert illegal assets into legitimate funds?

Name: What is the criminal offence involving the intent to convert illegal assets into legitimate funds?
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Question

Quizplus · Accepted Answer

Money laundering involves the intent to convert illegally obtained funds into legitimate funds. White-collar crime, economic crime, and fraud can also include financial crimes, but do not specifically involve the act of converting illegal funds into legitimate funds.

What Is the Criminal Offence Involving the Intent to Convert