Definition of money laundering

The concept of money laundering is widely used in the financial market to name that operation that involves transformation of the funds and assets that were obtained from illegal activities in law in order to circulate without any problem in the Finance system corresponding. Also the concept is often referred to as money laundering, money laundering and money laundering.

It is then a condition sine quanom for there to be money laundering. commission of a serious criminal act from which goods or money will result, for example, collection of bribes, sale of drugs, among others. Meanwhile, that amount of money that comes from the sale of drugs will be introduced into the financial system through various maneuvers that will allow its use and justification. That is, you will be given a appearance legal as if they had been obtained from the realization of a legal activity.

Of course, this action will require having complicities that help in the transformation of black money into white.

To black money, as a consequence of having been obtained after a practice illegal, they will try to hide it publicly, because of course, it can imply a punishment, a conviction. Meanwhile, it will always come from a non-legalized activity.

It should be noted that the procedure through which black money masquerades as white is called money laundering.

Meanwhile, there are a variety of alternatives to launder money, including: division and reduction of amounts of money obtained from illicit so that they are not suspicious, complicity of officials and organizations that hide the laundering, creation of shell companies, purchase and sale of real estate or others, creation of trout invoices.

For a long time, money laundering has been a scourge that afflicts most of the nations of the planet and That is why various policies have been developed, laws passed and organizations created to punish the activity. There are even international treaties that pursue this theme and they are in charge of supervising those funds that are presumed to have a suspicious origin.