The money you want to launder is causally known as “dirty money” because you made it the illegal way. It could have been through drugs, human trafficking, or even stolen government funds so on and so.
To launder money with a business means you will establish a tie between an existing or newly established business and an organized crime.
The crime will look incredible as it operates under the umbrella of the business you set up, which also prevents tangible data during an investigation. Of course, you will also record normal sales in the business.
As a money launderer, your aim is to take the dirty money from whatever criminal activity and inject it into the economy so it comes clean. Clean cash means the proceeds from illegal activities are now part of the system and are legally usable.
You can use the now-legal funds to buy properties, making it look like it is your business profit.
In essence, money laundering refers to a financial transaction that involves money from crime (dirty money) or that backs any unlawful activity.
To launder money with a business means you will establish a tie between an existing or newly established business and an organized crime.
The crime will look incredible as it operates under the umbrella of the business you set up, which also prevents tangible data during an investigation. Of course, you will also record normal sales in the business.
As a money launderer, your aim is to take the dirty money from whatever criminal activity and inject it into the economy so it comes clean. Clean cash means the proceeds from illegal activities are now part of the system and are legally usable.
You can use the now-legal funds to buy properties, making it look like it is your business profit.
In essence, money laundering refers to a financial transaction that involves money from crime (dirty money) or that backs any unlawful activity.
