21+ Integration Is The First Stage Of Money Laundering

21+ Integration Is The First Stage Of Money Laundering. It is at the integration stage where the money is returned to the criminal from what seem to be legitimate sources. How does money get laundered?

Group 3 Phase 2 Countermeasures Against Money Laundering
Group 3 Phase 2 Countermeasures Against Money Laundering from img.yumpu.com
The final stage of the money laundering process is termed the integration stage. The first stage of money laundering is when the individual participating in criminal activity places cash proceeds into the financial system. What occurs during the integration stage of money laundering?

What occurs during the integration stage of money laundering?

What occurs during the integration stage of money laundering? The money is put back into circulation through investments, expensive luxury items, or business transactions. Having been placed initially as cash and layered through a number of financial transactions, the criminal proceeds are now fully integrated into the financial system and can be used for any purpose. The first stage of money laundering is when the individual participating in criminal activity places cash proceeds into the financial system.


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