Money laundering: how it happens

"Money Laundering" is a process that is a set of procedures and methods that allow the transfer of funds received as a result of illegal activities to any other assets. It is necessary to ensure that their true origin remains unknown, the real owners did not know the whole truth, and representatives of the authorities did not have any unnecessary questions. "Laundering" is the legalization of income. These are those that are obtained illegally.

We are talking about the funds received in the form of a bribe, as a ransom, as a result of the robbery, theft, extortion, terrorist activities, and so on. "Money laundering" can be observed almost after any crime related to illegal income. The possibility of it poses a threat not only to society, but also to the economy.

"Money laundering" in Russia, in principle, as in any other country, is carried out in three stages. The very first of them is connected with the placement of illegally obtained funds in financial institutions, at the second stage financial operations are carried out that help to hide the fact that the money was obtained through criminal means. At the very end of the process, the capital again returns to the criminal, however, now he is "clean". Return it can not only in the form of money, but also in the form of some property rights - there are a lot of options.

Money laundering can be carried out according to different schemes. They include the use of banking institutions, cash operations, gambling, the purchase and subsequent sale of jewelry, cars, cultural values, shares, real estate and so on. Recently, "money laundering" is made even through the Internet. Frauds of currency are often observed.

At the same time, experienced scammers try to confuse all traces, and the process of "cleaning" is carried out as quietly as possible, without attracting any attention. Their steps are extremely difficult to track.

"Money laundering" can be carried out through falsification of documentation, the conclusion of "fake" contracts, the introduction of incorrect information in the reporting documentation. Today even a fake loan is used.

It is generally accepted that tax crimes, non-return of currency from abroad, as well as non-payment of customs payments are not considered sources of "dirty money", but the funds obtained as a result of everything described above can also be considered "laundered".

"Money laundering" is possible through "left" companies. What are these companies? They are registered with frontmen. Often according to the documents, their owners are those who are already not alive at all. Here it is worth mentioning and the one-day company. They are registered only so that certain persons can carry out the necessary actions with the help of them. At registration in this case mass legal addresses are used, and founders in most cases also are fake. After the liquidation of such enterprises, there are no traces, no clues.

Criminal organizations for money laundering can be registered and quite legal firms. The direction of their activities does not matter. The main thing is that they function stably and create the illusion that its owner has an income that is legal. In case of problems with the representatives of the authorities or the tax authority, he will indicate that he acquired this or that property with funds received from the company he founded. This is very reliable.

Surprisingly, money laundering can be done without unnecessary fuss. The point is that sometimes it is enough just to wait for a certain time period.