Presented By :

Kuheli Sen

Rahul Todur

Ruchi Khadtale

INTRODUCTION

• THE PROCESS OF CREATING THE APPEARANCE THAT LARGE AMOUNTS OF

MONEY OBTAINED FROM SERIOUS CRIMES, SUCH AS DRUG TRAFFICKING OR

TERRORIST ACTIVITY, ORIGINATED FROM A LEGITIMATE SOURCE.

BASICS

•THE MOST COMMON TYPES OF

CRIMINALS WHO NEED TO LAUNDER

MONEY ARE :DRUG TRAFFICKERS,

EMBEZZLERS,

CORRUPT POLITICIANS AND PUBLIC OFFICIALS,

MOBSTERS,

TERRORISTS AND

CON ARTISTS.

METHODS AND STAGES OF MONEY LAUNDERING

1. Placement

2. Layering3.

Integration

There are three stages involved in

money laundering:

1. PLACEMENT :

Currency Smuggling

Bank Complicity

Currency Exchanges

Securities Brokers

Blending of Funds

Asset Purchase

2. LAYERING