Money-laundering meaning

Money laundering is the process making illegally-received money appear to be legally-received money.

An example of money laundering is depositing small portions of illegal cash into many different checking accounts of legal businesses and then writing checks from those account to obtain cash.

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Making money that is generated through criminal activities appear as if it was earned through legitimate business activities. Detecting money-laundering activities is often very difficult because the money often is transferred between several accounts in order to conceal its true origins. As terrorism activities have increased, so too has the motivation for money laundering.
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The act of engaging in transactions designed to obscure the origin of money that has been obtained illegally.
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