Stages Of Money Laundering Process Training Ppt

Slide 1

This slide showcases stages of the money laundering process. Three fundamental steps make up the money laundering process. These are placement, layering, and integration.

Slide 2

This slide discusses the first stage of the money laundering process known as placement. The placement stage is where "dirty" money or the proceeds of crime are first introduced into the legal financial system.

Instructor’s Notes: 

• Currency Smuggling: Cash can be stored in a suitcase and transported to another country illegally
• Repayment of Loans/Credit Cards: Payment of a credit card bill or loan proceeds with illicit money
• Blending Funds: Another method of money laundering is using a cash-based business to combine illicit funds with legitimate sale receipts
• Smurfing: The "smurf" method entails the use a number of people, known as smurfs, who exchange illicit funds (in smaller and less conspicuous amounts) for highly liquid items such as traveler cheques, bank drafts, or deposited directly into savings accounts

Slide 3

This slide talks about the second stage of the money laundering process known as layering. The layering stage involves using strategies to layer the cash to separate funds from their source of illicit activities.

Instructor’s Notes: One of the main goals of the layering stage is to confuse any investigation. Money launderers try and position themselves far away from the place where the illicit gains were sourced from.

Slide 4

This slide discusses the third stage of the money laundering process known as integration. In the integration stage, the aim is to reunite the money with criminals in a way that does not attract attention and seems to originate from a legitimate source.

Slide 5

This slide illustrates an example of money laundering through its stages of placement, layering, and integration.