Dirty Money! What is Money Laundering?

The video tutorial explains money laundering, a process used by criminals to disguise the origins of illegally obtained money, making it appear legitimate. It highlights the significance of money laundering in various sectors, defines the process, and discusses the reasons criminals engage in it, such as tax evasion and hiding funds from authorities. The tutorial also covers the methods used and the potential consequences, including the risk of money being traced back to the crime or seized by authorities.

How does money laundering help criminals conceal their activities?

What are the two main reasons criminals need to launder money?