Money laundering is the process of concealing sources of money. Money evidently has gained through crime is "dirty" money, and money that has been "laundered" to appear as if it came from a legitimate source is "clean" money. Money can be laundered by many methods, which vary in complexity and sophistication. Different countries may or may not treat tax evasion or payments in breach of international sanctions as money laundering. Some jurisdictions differentiate these for definition purposes, and others do not. Some jurisdictions define money laundering as obfuscating sources of money, either...
Money laundering is the process of concealing sources of money. Money evidently has gained through crime is "dirty" money, and money that has been "la...