1
Who Am I?
nI earn millions of dollars every year through selling drugs and illegal arms?
nI run a major international transfer pricing racket?
nI bribe police and customs officials to overlook my illegal imports?
nI employ teams of accountants to confuse the auditors and hide fraudulent deals.
nI have a legitimate business but understate my income to evade taxation?
nI move large amounts of money through a tax haven?
nI organise major fund raising schemes for terrorists?
nI move money that was earned through crime in such a way as to hide its criminal origins?
n- No.
n
n- No.
n
n- No.
n
n- No.
n
n- No.
n
n- No.
n- No.
n
n
n- Yes.
nI move money that was earned through crime in such a way as to hide its criminal origins?
Am I a Money Launderer?
What is money laundering?  Many things are incorrectly lumped into money laundering.  Some of the above are not necessarily crimes at all.  Others are clearly crimes, but are not money laundering.  Money laundering involves [a] the commission of a profitable crime, and [b] converting the money into some form that looks like legitimate income

It is like “fencing” stolen property..