Consequences of money laundering are

        1. How money laundering is done

          2. Examples of money laundering offences.

          What is Money Laundering and How it is Done?

          What is Money Laundering?

          Money laundering is termed as that process where individuals or organizations due to their greed for profit, conceal the origin of illegally sourced money and enter that money into the country's legitimate financial system.

          What is money laundering and why is it illegal

        2. What is money laundering and why is it illegal
        3. What are the 4 stages of money laundering
        4. Examples of money laundering offences
        5. How to spot a money laundering business
        6. Why do criminals wash money in washing machine

          7. In other words, when financial assets are earned via illegal means and those assets are disguised into 'clean' assets and used by any individual or organization, then it is a case of money laundering. The main purpose is to fake the source of funds so that the individuals or organizations involved can use those funds as profits by leading law enforcement or financial institutions astray.

          This procedure is a real setback for society as it influences drugs and arms dealers, terrorists, and other sorts of criminals to run their illegal businesses without any fear.

          We term the individuals or organizations as criminals because of their unlawful activities or businesses. These kinds of activities are spread across the world which questions the integrity of a nation's financial system if these a