Which of the following is often the riskiest step in the money laundering process?

Question

Quizplus · Accepted Answer

Placement, or the initial step of introducing illicit funds into the financial system, is often considered the riskiest step in the money laundering process. This is because it requires the individual or organization to physically transport large amounts of cash or other assets, which can draw attention from law enforcement or other authorities.

Which of the Following Is Often the Riskiest Step in the Money