________________ is an activity aimed at making illegally obtained and untaxed funds appear legitimate.

Question

Quizplus · Accepted Answer

Money laundering is the activity of disguising the proceeds of illegal activity, typically by transferring money through legitimate businesses or complex financial transactions, in order to make it appear as though it came from a legal source. This is done to avoid the detection and penalty of law enforcement agencies.

________________ Is an Activity Aimed at Making Illegally Obtained and Untaxed