MONEY LAUNDERING
term applied to taking money gotten illegally and washing or laundering it so it appears to have been gotten legally.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
term applied to taking money gotten illegally and washing or laundering it so it appears to have been gotten legally.
Converting illegal funds into legal by absorbing it into legal commercial cash flow.
Computer programs that watch statements for money laundering practices. There are three types of such programs.
You may be familiar with racketeering in the context of prosecuting mafia groups like the Genovese and Gambino crime families and the Chicago Outfit. In addition to numerous prosecutions of organized crime,
Waste water relatively clean. Sourced from the kitchen, or tub or sink or shower, not the toilet, and laundering. Usable with little or no treatment for landscape irrigation and other non-potable uses.