What is Money Laundering
What is money laundering? In simple terms, it is the process of concealing the root of where money is illegally acquired or obtained. Also, the crime's proceeds are made to look as if they are legitimate. The involved money may be produced by any criminal act like corruption, drug dealing, tax evasion, and other kinds of fraud. Different methods may also be employed in laundering money, depending on the simplicity or complexity of the situation.
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