What Are The Stages Of “money Laundering” Process?

1.	What Are The Stages Of “money Laundering” Process?
Answer» The following are the stages of “money laundering” process: Placement stage:-It is the first introduction of entry for funds derived for any CRIMINAL activities. Layering/Agitation stage: - The OBJECT of this stage is to prevent the tracing of illegal proceed. It creates a complex network of TRANSACTIONS which attempts to not reveal the link between the initial entry and the END of the money laundering cycle. Integration stage: - This process achieves the appearance of TOTAL legitimacy of funds thereby it refers to the return of funds to the legitimate economy for later extraction. The following are the stages of “money laundering” process:

Answer»

The following are the stages of “money laundering” process:

Placement stage:-It is the first introduction of entry for funds derived for any CRIMINAL activities.
Layering/Agitation stage: - The OBJECT of this stage is to prevent the tracing of illegal proceed. It creates a complex network of TRANSACTIONS which attempts to not reveal the link between the initial entry and the END of the money laundering cycle.
Integration stage: - This process achieves the appearance of TOTAL legitimacy of funds thereby it refers to the return of funds to the legitimate economy for later extraction.

The following are the stages of “money laundering” process:

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