What is money laundering?

Money laundering is the process of making illegally obtained money appear to be legitimate.

• It involves disguising the source of funds through a series of transactions

• The goal is to make the money appe...read more

Conversation of black money into white money

Save that money as help you

The process of legitimizing money earned from unaccountable, immoral and illegal activities to through depositing and withdrawing that money to and from the formal banking and financial ecosystem.

The illegal process of making huge amounts of money derived from criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source.