Process of hiding the origin of the money
Turning illegal money into legal money
Bringing illegal money into economy
All of the above
✅ The correct answer is D.
The term ‘Money Laundering’ is the concealment of the origin of illegally-obtained money, typically by the means of transfers involving foreign banks or legitimate businesses.
The term ‘Money Laundering’ is the concealment of the origin of illegally-obtained money, typically by the means of transfers involving foreign banks or legitimate businesses.