Illegal money laundering

Illegal Money Laundering (Fraud) involves disguising the origins of money obtained through criminal activities, such as drug trafficking or terrorist funding, to make it appear as though it comes from legitimate sources. This process typically follows three main stages: 

1. Placement – the “dirty money” is introduced into a financial system/general circulation. 
2. Layering – concealing the source of the money through a series of complex transactions and manipulating bookkeeping processes. 
3. Integration – reintroduction of the laundered money into the economy, presenting as seemingly legitimate.