3 key stages of money laundering
There are usually two or three phases to the laundering. Stage 1: Placement The first stage of money laundering is “placement.” whereby “dirty” money is placed into the legal and . These three stages are placement, integration, and layering. Money can enrich our lives and put us into a position to enrich others. If we use our money smartly. Money is an essential aspect of life that we can’t take for granted in the society we live in today. Stage 1 of money laundering – Placement · Stage 2 of money laundering – Layering · Stage 3 of money laundering – Integration. Money Laundering Definition. Learn From Thousands of Free Online Videos and Resources. View Our Resources Here. Master The Fundamentals of Finance With Finance Strategists. These three stages of money laundering are: Placement Layering Integration/extraction. In the placement stage of money laundering, “dirty” money is placed into a legitimate financial system, such. · The 3 stages of money laundering explained Placement. Layering · 3. Integration. Placement · 2. The three stages of money laundering · 1. This is used extensively in data entry jobs that may use numbers rather than letters on keyboa. Ten-key experience refers to the metric of how experienced someone is using the key pad on a keyboard.