Stage 1 - Dirty Money

 

 

• Huge amounts of proceeds generated from illegal arms sales, smuggling, and the activities of organised crime, for eg. drug trafficking and prostitution rings.

 

• Embezzlement, insider trading, bribery and computer fraud schemes can also produce large profits and create the incentive to “legitimise” the ill-gotten gains through money laundering.

 

•Amounts resulting from tax evasion

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