How does money laundering work?

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.

Comment on:
What act, pertaining to money laundering, was significant in the year 1986?
With the rise of virtual currency what is another method used to launder money?
With the advancement of technology, is it easier to detect money laundering? Please explain.

Hello!

Hi! I am glad to meet you here this term! Hope we'll enjoy our communicating here.

To start let's discuss the picture:

Comment, please

Monkey Steals Money

Last month, an unusual thief visited a jewellery shop. The thief was a monkey.

First, an employee of the shop noticed the monkey sitting outside the shop door and he offered a piece of fruit to the monkey. Shortly after that, the unsatisfied monkey pushed open the door and went inside the shop. He took a seat in an office chair, relaxed, then took some money and ran off with it.

The employee tried to offer the monkey a banana in exchange for the money, but the thief did not want it and escaped into the street with about 10,000 rupees, which is about 150 US dollars.

Shop staff said that they saw this monkey before. They will be more careful now if he comes back again.

Difficult words: jewellery (small decoration on your body), escaped (ran away and nobody caught him), staff (people that work somewhere).

You can watch the original video www.newsinlevels.com

Can asecurity camera, in your opinion, be a good eqipment for prevention of robbery? Please comment below.