Money laundering

How the process works?

A brief history

What does money laundering

means?

 Money laundering, at its simplest, is the

act of making money that comes from
Source A look like it comes from Source B.

Origin of the term

The term Laundering money is often
said to have originated at the time of the
famous american gangsters who used to
desguise the money from alcohol and
illegal gambling through laundering firms
and slot machines.

Corrupt
practices

Drug
trafficking

Theft

Tax
evasion

Arms
trafficking

illegal money

Investment
s

Banks

Clean, taxable income

Punishment
In Romania if you are cought laundering
money you can spend 3-10 years in prison

Reverse money laundery

The opposite of laundering money is when
somebody uses clean money to finance
illegal activities.

How much money is laundered every year?

Since money laundering is a illegal

activity we can only estimate the amout
of money laundered every year
The Unitet Nations Office for drugs and
crimes had stated in 2012 that the
aggregate size of money laundering in
the world could be somewhere between
2-5% of the world`s gross domestic
product
This is $800 bilion $2 trilion

Anti money laundering

A set of procedures, laws or
regulations designed to stop the
practice of generating income
through illegal actions.

Famous
cases

One of the most notorious money launderes

of all time was Pablo Escobar. He owned
around $30 billion dollars

Thank you