Download 3 Stages Of Money Laundering Process Gif. Placement stage layering stage integration stage The institution may be anything from a brokerage house or bank to a casino or insurance company.
Integration is the final stage of the process, whereby criminally derived property that has been placed and layered is returned (integrated) to the legitimate economic and financial system and is assimilated with all other assets in the system.
See full list on calert.info The first step is called placement. It must cover money that has already been placed into the financial system and, of course must cover money derived from other forms of crimes that has never been in the form of cash. When criminals are in physical possession of cash that can directly link them to predicate criminal conduct, they are at their most vulnerable.