What type of crime is money laundering

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Operations Management

What type of crime is money laundering

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The money laundering process usually involves three steps filing stopping and integration This placement puts dirty money in the legal financial system Stopping hiding sources of money through a series of transactions and accounting tricks In the final step laundry money integration is now deducted from the legal account to be used for any purpose that the criminal has in mind for this There are many ways to launder money from the simplest to the most complex One of the most common techniques is the use of legal property and money held by criminal organizations For example if an organization owns a restaurant it can inflate daily bills to the See Answer

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What type of crime is money laundering

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What type of crime is money laundering

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