Friday, January 15, 2021

What is Money Laundering – [Infographic]

-

Money Laundering is the act of presenting wealth of unlawful origin or portion of wealth illegally acquired from authorities by using methods which obscure the identity of the ultimate beneficiary and the source of the unlawful profits.

Check out the infographics below to learn about money laundering

What is Money Laundering - [Infographic] 1
Source: Economist
Money laundering info graphic
Source: biv.com
Money Laundering Infographic
Source: www.int-comp.com
Money Laundering illustration
Source: the negotiator

- Advertisement -
- Advertisement -
Advertisement

Must Read

European Central Bank President Christine Lagarde took aim at Bitcoin’s role in facilitating criminal activity, saying the cryptocurrency has been enabling “funny business.” “For those...
Consumers should be prepared to lose all their money if they invest in schemes promising high returns from digital currencies such as bitcoin, a City...
The Trump administration on Monday slapped sanctions on seven Kremlin-linked individuals and four entities for attempting to interfere in the 2020 U.S. presidential election. The...
US federal prosecutors have filed motions saying the Honduran president, Juan Orlando Hernández, took bribes from drug traffickers and had the country’s armed forces...
Boeing has been fined $2.5bn by the US justice department after being charged with fraud and conspiracy in connection with two fatal crashes of...
Advertisement

Latest News

The authorities in Mexico say they will bring no charges against a former top military official who was arrested in the United States last...
Australia’s financial watchdog miscalculated by more than $2.2bn the amount of money transferred from Vatican City to Australia as part of its review into...
European Central Bank President Christine Lagarde took aim at Bitcoin’s role in facilitating criminal activity, saying the cryptocurrency has been enabling “funny business.” “For those...
South Korea's highest court has upheld former President Park Geun-hye's 20-year prison sentence for her 2018 bribery conviction, ending a corruption scandal that has...
A former finance director for the city of Fort Walton Beach has pleaded no contest to fraud charges involving personal use of public funds, according...
Advertisement
Advertisement
Enable Notifications    OK No thanks