Money laundering is a crime, it is the method by which large amounts of money from illegal sources or illicit businesses are deposited in the bank together with clean money or partly invested to legit businesses to conceal the origin of how the money was earned. The business owner may or may not realize if the financier of his or her business might be a criminal who is only using the business to launder dirty money or perhaps it might even be the business owner who is laundering dirty money to his or her own business.
The dirty money of course is kept in disguise as clean money in banks or businesses so that authorities will find it difficult to link the money from a certain criminal or crime group, but for the "bad guys" it is a good thing for them because by this method they are sure that their dirty money is concealed and can potentially earn interest. The dirty money that is being laundered usually comes from drug trafficking, firearms trafficking, extortion to name a few. Unfortunately these large amounts of dirty money is also the same money that funds terrorism and other notorious forms of crime in our modern world. Sad but true!
Photo Credit: Money Laundering Art
Photo Provided by: ABC Slayer
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