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Stages of ML

The document outlines the three stages of money laundering: Placement, where illegal funds are introduced into a legitimate financial system; Layering, involving a series of transactions to obscure the origins of the money; and Integration, where the laundered money is reintroduced into the economy as seemingly legitimate funds.

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18 views1 page

Stages of ML

The document outlines the three stages of money laundering: Placement, where illegal funds are introduced into a legitimate financial system; Layering, involving a series of transactions to obscure the origins of the money; and Integration, where the laundered money is reintroduced into the economy as seemingly legitimate funds.

Uploaded by

DustinEarth Buyo Montebon
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Stages of Money Laundering

A. Placement - Dirty money or illegal funds are put into a legitimate financial institution, usually in the
form of cash deposits.

B. Layering - Dirty money is transferred in a series of financial transactions, putting layer upon layer of
persons and financial activities into the laundering process, e.g., via wire transfers and utilization of shell
corporations.

C.Integration - Money reenters the mainstream economy in legitimate-looking form, appearing to have
come from some legitimate transactions. It may involve a final bank transfer into the account of local
business in which the launderer is investing in exchange for a cut of the profits or the sale of high value
items bought during the layering stage.

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