What are the three independent steps of money laundering? - ProProfs Discuss
Advertisement

What are the three independent steps of money laundering?

What are the three independent steps of money laundering?

Change Image    Delete



Asked by Mscbest, Last updated: Dec 20, 2024

+ Answer
Request
Question menu
Vote up Vote down

1 Answer

mscbest

mscbest

mscbest
Mscbest

Answered Mar 20, 2018

Placement- Physically placing bulk cash proceeds
Layering- Separating the proceeds of the crimincal activity from their origins through layers of complex financial transactions.
Integration- Providing an apparently legitimate explanation for the illicit proceeds.
upvote downvote
Reply 

Advertisement
Advertisement
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader

Email Sent
We have sent an email to your address "" with instructions to reset your password.