London Daily

London Daily News
Thursday, Oct 29, 2020

How does money laundering work? - Delena D. Spann

Delena D. Spann, animation by Juan M. Urbina
Money laundering is the term for any process that “cleans” illegally obtained funds of their “dirty” criminal origins, allowing them to be used within the legal economy. And the practice is about as old as money itself. But how does it actually work? Delena D. Spann describes the ins and outs of money laundering.

Quote of the Day

Vote for the man who promises least; he'll be the least disappointing.

Bernard Baruch
Related Articles

London Daily