What is money laundering?

[Tarek264 721]

Yes, money laundering depends on stealing money and working on it and within banks, and I have now started reaching the world of encryption and working to earn money illegally and working within the world of investment within the rules and laws to earn more money and thanks

[Luciferlucky 0]

Well .. it is an interesting and important topic .. that money laundering comes from illegal money, such as theft or trade in contraband, and they put it in places so that it becomes legitimate money ... an example of this .. You have illegal money and you want to make it legitimate without falling into the hands of the authorities. She does a small project and puts a small coin on each purchase invoice .. and consequently the bill whose value is 500 becomes 501 and passes through the authorities as a simple mistake, so they do not care .. but with the many numbers, all the money becomes legitimate and not punished for it.

[Hasan386 1066]

Thank you for this valuable participation, my dear friend, it is really a difficult term to understand, but according to my knowledge it means that you get the money in illegal ways and means and delude people that you get it by legitimate means

[Reta 1285]

I do not have information about this term .... But through constant reading and observation of the responses of others, I have come to the conclusion that it is a way to use illegal money to do good and legitimate deeds ... But I will do my best to search for a lot of information regarding many of the terms that exist In the world of cryptocurrencies

[Simon London 1749]

Hello everyone, I believe that money laundering is when you buy a property or real estate with money from illicit businesses, unfortunately you always hear news about this type of activity, especially from people who handle a lot of money.

[Ziyech 478]

Such funds originate from such an illicit source, and in order for them to become legitimate, they must engage in proper business, such as the construction of a building with some kind of quantity of these funds and selling it at fake rates beyond description, which then converts this unlawful money into legitimate, or transferring it in banks.

[md.nayem01 0]

The present era is the modern age. In this modern age, people do modern things. Many work online to earn a living. I also work online. I earned $ 1000 BTC from crypto at one go. I invested $ with Telegram. I converted crypto into money with the bank. General Chat Chat LoungThe way the crypto currency is advancing suggests that there will be more growth in the future.

[Jessica7 1132]

The concept of money laundering and it is intended to invest money that is acquired illegally in many areas and large projects in order to become legitimate money, and this general concept of the meaning of money laundering

[emilywillson 666]

I will give a simple definition of money laundering : money laundering is considered the hiding of illicit money behind legitimate money, I will give an example in order to clarify the idea of money laundering. For example, someone who has stolen huge (illegal)money and does not know how to invest it in order to become legitimate, so he buys a restaurant (for example) in order that his illegal money will not be confiscated.

[Mohammed33 461]

Hello to all friends
Money laundering, or money laundering, is known as the process of converting large amounts of money obtained by illegal means into clean and tradable money in public activities, and money laundering is also known as a method used to conceal and cover the sources through which money is earned. Through the use of illegal means of investment, and then their profits are invested in legitimate and legal activities. Money laundering is a crime that is punishable by law because of its negative impact on the economy of countries, as this crime allows criminals to dispose of laundered money and to employ it in a range of public activities by concealing its illegal sources. It also helps them expand their illegal activities and gain more of these. Funds

[Saba Malik30 608]

It is illegal money that has been stolen illegally.  I think money laundering is use of system to pass money in order to avoid any trace. Some people  stole money from their own country and use that money to invest at abroad and earn more profit.  It is called money laundering. 

[Ramossss 963]

Money laundering can be defined as a method of converting illegally acquired money into legal currencies, by putting it on the market and buying various things through it, but in our time it has become easy to discover such illegal currencies through smart devices that are able to distinguish between them. And between legal currencies.

[Siam50 923]

Dear friend, money laundering is the smuggling of money abroad.  It is completely illegal and very harmful to the country.  Currently the trend is much higher.  Some unscrupulous businessmen are living in luxury illegally by making money illegally, smuggling it abroad and buying houses there.  The people and the government of the country must be aware that this is completely illegal.

[mhamdhamdan37 450]

I think that the concept of money laundering is evidence that there are funds tainted by illegal acts, and here comes the meaning of the term, i.e. investing it in something that yields a benefit to cover the actions that the money came through.

[Fatima Alre 766]

That is true .. Money laundering is an economic crime that aims to give legal legitimacy to forbidden money for the purpose of possessing, disposing of, managing, preserving, exchanging, depositing, investing, transferring, or manipulating its value if it is the result of crimes such as cultivating and manufacturing narcotic plants or gems and drugs.. They are fetched and exported.

Edited April 21, 2021 by Fatima Alre

[Ahmadkhubbieh 283]

Thank you for this valuable information. The idea of money laundering came to avoid legal accountability for stolen money or illegal money. I wonder if it is possible to replace the money laundering process by raising these illegal funds To become cryptocurrencies and in this way It will be money reserved from legal accountability.

[Zeina Hmdan 83]

Money laundering is an economic crime that aims to give legal legitimacy to forbidden money for the purpose of disposing of it, exchanging it, investing it, or manipulating its value.

[shezzii08 1]

Tüm paray olduu gibi almaktr. Kara para aklama, ksaca, devlete vergilendirmeden tüm paray olduu gibi almaktr. tabiki deil iyi bir şey

[Mr Puppy 548]

Hello dear buddy, i know nothing special about money laundering. I think it's an illegal work. Laundering money is a big or unaware idea for me so i also request senior members to tell us about it. Thank you.

[Mhd Iskandr 8]

Money laundering is for money that is obtained illegally and illegally, and often those who carry out the process of money laundering are People working in the field of crime and fraud, and the money is converted into legitimate money Through investment and commercial projects, and in this way they get away from doubts.

[Linaa2999 1645]

To the best of my knowledge of the matter, it is a method used by some swindlers, which are characterized by theft, to change the symbols that protect the currency and make it safer for circulation in banks and the stock exchange, but digital currencies are protected from these matters

[Lana9992 234]

I do not know much, but I know that it is a way to launder illegal money and bring it into banks and the stock exchange so that the person who laundered money can store and invest the fake money.

[Carmelo Lames 1083]

Money laundering, also called money laundering, promotes activities that allow the introduction of illicit money into the legal economy or criminal origin, making them appear legal and harmless, and this is totally penalized.

[Salman6493 346]

Money laundering is the illegal process of concealing the origins of money obtained illegally by passing it through a complex sequence of banking transfers or commercial transactions. The overall scheme of this process returns the "clean" money to the launderer in an obscure and indirect way. I got the answer from Wikipedia. 

[Arim1111 1095]

Money laundering or money laundering is an economic crime that aims to give legal legitimacy to forbidden money for the purpose of possessing or disposing of it and manipulating its value if it is obtained from crimes such as cultivating and manufacturing narcotic plants.