The Intricacies of Money Laundering and Its Impact: Unraveling the Shadowy Underworld
Money laundering, a widespread criminal practice, involves disguising illegally obtained money as legitimate earnings through regular businesses. This criminal endeavor is typically associated with an array of illicit activities, such as drug trafficking, tax evasion, corruption, smuggling, illicit arms dealing, bribery, and even terrorism. The sum of money laundered globally is astronomical, with estimates falling…