Money laundering includes making "dirty" money "clean" of legitimate businesses.

Question

Quizplus · Accepted Answer

Money laundering involves the process of taking money obtained through criminal activities and placing it into legitimate businesses in order to make it appear clean and legal. This is often done through a series of transactions and can involve using shell companies, offshore accounts, and other methods to conceal the true source of the funds. The ultimate goal is to make it difficult for law enforcement to trace the money back to its illegal origins.

Money Laundering Includes Making "Dirty" Money "Clean" of Legitimate Businesses