click2barshat click2barshat
  • 27-06-2020
  • Business
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What money laundering means?

Respuesta :

mintandmilk
mintandmilk mintandmilk
  • 27-06-2020

Answer:

The definition of money laundering is "to conceal the origins of illegally obtaining money".

Explanation:

Most of the time the way in which the money is concealed is by stating it was a foreign bank transfer/business or that they recieved [earned] the money through legitimate ways.

So they basically obtain money illegally and hide/lie where they got it from.

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