Category Archives: Money Laundering

Money Laundering

Introduction

Money Laundering is a way of covering up money, where it has originated, or processing it when it has been gained from unlawful purposes or in an illicit way. It is thought in fact that up to 5% of worldwide money is subject to money laundering. Many financial institutions have introduced ways to spot money laundering to try to apprehend culprits so bringing them to justice. Money launderers try to camouflage what they are doing in many ways becoming more and more sophisticated as time goes on.

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