Dirty Money! Understanding Anti-Money Laundering What is Money Laundering?

Summary:

Money Laundering helps criminals conceal or disguise the true origin of the criminally derived funds so that they appear to have come from legitimate sources. When criminals make money from a crime, they need a place to store it, or spend it without leaving a paper trail.  This is the introductory video in this series on anti-money laundering basics for international employees.

Outline

1. Who is involved?
2. Why is it done?
3. How does it work?