18+ Three Stages Of Money Laundering Pictures. Integration we're going to cover real world examples of money laundering so you can take the theory and put it in practice. 3 stages of money laundering.
Prevention of money laundering act, 2002 by Hetal Bhadra from image.slidesharecdn.com The money laundering process most commonly occurs in three key stages: Basically, different money launderers gain money from illegal sources and try to convert it into legitimate by using different ways. In this step, proceeds of the crime needs to either enter a financial system or be used in the final stage, integration, the money is assimilated along with all other assets in the system in order to make the money appear as if it were.
Before this happens, the money is usually broken up into smaller amounts to help avoid detection by financial institutions.
Integration we're going to cover real world examples of money laundering so you can take the theory and put it in practice. This is due to the fact that placing large amounts of money (cash) into the legitimate financial system may raise suspicions of officials. Placement the physical disposal of cash or other assets during this phase, the money launderer introduces the illicit proceeds into the financial system. Money laundering is the illegal process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source.
