Financial crimes, such as money laundering, are not only a threat to economic stability but also to national security. Money laundering, a term frequently thrown around in financial crime discussions, is a multifaceted process that often perplexes even the most seasoned experts.

This guide will break down the concept of money laundering, elucidate the three critical stages involved, and discuss common money laundering schemes. Furthermore, it will delve into how to detect and prevent money laundering, acting as a valuable resource for those in the financial industry or anyone interested in learning about this complex crime.

Dive into the stages of money laundering – placement, layering, and integration. Learn how to detect & prevent financial crimes with our comprehensive guide.