Money Laundering is the concealment of the origins of illegally obtained money, typically by means of transfers involving foreign banks or legitimate businesses.
The Three stages of Money Laundry:
Money Laundering is illegal because it is tied to a crime. The process of money laundering gives freedom to launderers to convert their money earned form illegal sources to legal one which may reach to criminals, terrorists and other organizations and can be used to unstable the world.
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