Money laundering - Wikipedia
Money laundering is the process of illegally concealing the origin of money obtained from illicit activities such as drug trafficking, underground sex work, terrorism, corruption, embezzlement, and gambling, and converting the funds into a seemingly …
What Methods Are Used to Launder Money? - Investopedia
2024年6月5日 · Money launderers typically use methods to avoid detection and hide the real sources from where their money actually comes. Some of the most common methods are smurfs, mules, and shells, which are...
What Is Money Laundering? - Investopedia
2024年7月24日 · Key Takeaways. Money laundering disguises financial assets without detecting the illegal activity that produced them. Online banking and cryptocurrencies have made it easier for criminals to...
What is money laundering? | FinCEN.gov
Money laundering involves disguising financial assets so they can be used without detection of the illegal activity that produced them. Through money laundering, the criminal transforms the monetary proceeds derived from criminal activity into funds with an apparently legal source.
Combating the Growing Money Laundering Threat — FBI
2016年10月24日 · Money laundering allows criminals to hide and accumulate wealth, avoid prosecution, evade taxes, increase profits through reinvestment, and fund further criminal activity. While many definitions...
Launder Definition & Meaning - Merriam-Webster
1. : to wash (something, such as clothing) in water. 2. : to make ready for use by washing and ironing. a freshly laundered shirt. 3. : to transfer (illegally obtained money or investments) …
Money Laundering - Definition, Examples, Meaning, and Cases
2015年2月3日 · Money laundering is a term used to describe a scheme in which criminals try to disguise the identity, original ownership, and destination of money that they have obtained through criminal conduct. The laundering is done with the intention of making it seem that the proceeds have come from a legitimate source.
What is money laundering? Definition, examples, & prevention
2024年3月21日 · Fight back against money laundering and other financial crime. Criminals launder $300 billion in the United States every year and launder billions and even trillions more around the world. As money launderers get smarter, many businesses feel helpless to stop it.
LAUNDERER | definition in the Cambridge English Dictionary
someone who moves money that has been obtained illegally through banks and other businesses to make it seem to have been obtained legally: Launderers often export the money to …
How Money Laundering Works - HowStuffWorks
Money laundering happens in almost every country in the world, and a single scheme typically involves transferring money through several countries in order to obscure its origins.