How does money laundering work? – Delena D. Spann

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Money laundering is the term for any process that “cleans” illegally obtained funds of their “dirty” criminal origins, allowing them to be used within the legal economy. And the practice is about as old as money itself. But how does it actually work? Delena D. Spann describes the ins and outs of money laundering.

Lesson by Delena D. Spann, animation by Juan M. Urbina.