Which method of concealing drug money includes investing in legitimate businesses, transferring money internationally, and buying real estate?

Question

Quizplus · Accepted Answer

Money laundering is the correct term for the process of making large amounts of money generated by a criminal activity, such as drug trafficking, appear to be legally obtained. This process often involves three steps: placement (introducing the illicit funds into the financial system), layering (concealing the source of the money through a series of transactions and bookkeeping tricks), and integration (the money is reintroduced into the economy as legitimate-looking funds). Investing in legitimate businesses, transferring money internationally, and buying real estate are common methods used in the layering and integration stages of money laundering.

Which Method of Concealing Drug Money Includes Investing in Legitimate