Understanding the 3 Key Stages of Money Laundering 2023
Money laundering is a pervasive and complex issue, with criminals going to great lengths to legitimize the proceeds from their illicit activities. They aim to obscure the origins of “dirty money” and reintroduce it into the economy through legitimate means, eluding law enforcement authorities. This process comprises three crucial Money Laundering Stages: Placement, Layering, and Integration.