______ is when illegally obtained money is being invested in a legitimate corporation to hide the original source of the money.

Question

Quizplus · Accepted Answer

Money laundering is the process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to be earned legally. It typically involves three steps: placement, layering, and integration, where the "dirty money" is introduced into the financial system, then disguised to mask its illegal origin, and finally integrated into the economic mainstream as legitimate funds.

______ Is When Illegally Obtained Money Is Being Invested in a Legitimate