Money Laundering

There are an almost infinite number of methods using a range of financial services and products. Even so, it is commonly accepted that the money laundering process comprises three main stages and you have probably heard these terms:


Where cash from criminal activity is placed into the financial system


Which usually involves a series of transactions designed to hide the source and ownership of the funds and confuse the authorities


Where laundered funds are reintroduced into the legitimate economy, appearing to have come from a legitimate source