Money Laundering

The process of concealing the origins of illegally obtained money, typically by means of transfers or transactions that make the money appear legitimate.

Key Elements

• Placement introducing illegal money into the financial systems (banks or businesses)

• Layering concealing the origins of the money through complex transactions, such as transferring it between accounts or converting it into other assets.

• Integration making the money appear legitimate by reinvesting into legal businesses or assets.

Felony

Sentence: Hold Until Trail

Fine: Hold Until Trail