money-laundering-why-it-s-bad-for-society-business-and-the-economy

Why is Money Laundering Bad?

What is Money Laundering? Money laundering is the practice used by criminals who have made large sums from illegal activities such as terrorist activities or drug trafficking to ‘clean’ money to make it look as if it has come from a legitimate source. There are dozens of different ways to launder money, from time-worn techniques…