Dirty Money! Part 1-What is Money Laundering?

Money laundering is a significant issue affecting various sectors, not just criminals. It involves concealing the origins of illegally obtained money to make it appear legitimate. Criminals use this process to avoid detection and protect their funds from being seized. The video explains the reasons behind money laundering, such as tax evasion and corruption, and highlights the importance of understanding this process to prevent illegal activities.

What new insight or understanding did you gain from this video?