XXXXX laundering XX XXXXXXX XX an individual or a group XX individuals who illegally XXXXXX XXXXX, XXX XXXX it XXXXXX as if it were legally obtained. There XXX XXXXXXX ways XXXX money XXXXXXXXXX XXXXXX including, "XXXXXXXX" which XXXXX a XXXXX of XXXXXX, XXXXXXXXXX XXXXXX, "smurfs" deposit XXXXXX XXXXXXX of money, XXXXXXXXX less XXXX $XX,XXX, in a XXXXXXX XX XXXXXXXXX XXXXX. XXXXXXX XXXX XX XXXXX laundering XX XXX XXX XXXX XXXXXXXXXXX XX XXXXXXX monies in off-XXXXX accounts. XXXXX XXXXX XX banks XX XXX require XXX reporting of transactions XXX are XXXXXXXXX in not disclosing XXXXXXXXXXX. Perhaps XXX of XXX most XXXX XXXXX XXXXXXXXXX XXXXXXX is the XXXXXX XX XXXXXXX monies XXXXXX a XXXXXXXXXX cash business such XX laundry mats, car washes, vending machines, XXX. XXXXXXXXXX XXXXXXX that have XXXX XXXXXXXXXX XX XXXXXXX XXXXXXXXX working in financial institutions, XXXXXXXXXX monies XX gambling winnings and XXXX estate transactions (XXXXXXXXX, 2012).
XXXXXXXXX to XXX Department XX XXXXX, money laundering has XXXXXXXX XXXXXXX XX our XXXXXXX’s economy, government and social well-being. XXXXXXXXX, XXXXX laundering is a XXXXXXX for major XXXXXXXXX XXXXXXX, XXXXXXXX XXXXXXX, XXX offshore centers. It XX believed XXXX XXX most XXXXXX XXXXXXXXXXXXX XXXXXXX of XXXXX laundering impact the XXXXXXX XXXXXX. XXXX XXXXX XXXXXXXXXX XXX XXXXXXXXXX XXXXXXXXXXX, so to speak, it gives the store XXXX XXXXXX XX XXXXXXX monies which in-turn allows XX XXXX XXXXXXXX and XXXXXXXX below XXXXXXXX XXXXXX rates. XXXX is XXX because it XXXXX the XXXXXXXXXX business from XXXXX XXXXXXXXXXX in XXXXX XXXXXX, which can XXXXXXXXXX XXXXX XXXX XX shut XXXX (McDowell & XXXXX, XXXX).
Resources
Conroy, X. (2012, March 10). XXXX XXX-Related XXXXXXXXX In XXX US Average XX XXXXX X,XXX a Year. Retrieved June X, 2018, XXXX XXXXX://narcosphere.narconews.com/XXXXXXXX/XXXX-conroy/XXXX/03/XXXX-XXX-XXXXXXX-XXXXXXXXX-us-average-least-110...
XXXXXXXXX, C. F. (XXXX). Drugs, XXXXXXX, XXX XXXXXXXX XXXXXXX (XXX ed.). Boston: XXXXXXXX Hall.
XXXXXXX, X., Kilmer, X., & XXXXXX, P. (XXXX). XXXXXXXX on Drugs-XXXXX Linkages: XXX Next XXXXXXXXXX.
XXXXXXXX, J., & XXXXX, G. (XXXX). XXX Consequences XX Money XXXXXXXXXX and XXXXXXXXX XXXXX. Economic XXXXXXXXXXXX, 6(X), X-X. Retrieved XXX X, XXXX.
Minster, C. (2018, April XX). Learn XXX XXXXX of XXXXXXXX's XXXXXXXX Drug Kingpin, Pablo XXXXXXX. Retrieved June X, 2018, from XXXXX://www.thoughtco.com/XXXXXXXXX-XX-XXXXX-escobar-2136126
XXXX, X. B., Mooney, X. X., Staton-Tindall, M., & XXXXXXXXX, X. X. (2008). The XXXXX&XXXXX;XXXXXXXX Nexus Among Rural Felony XXXXXXXXXXXX. XXXXXXX XX XXXXXXXXXXXXX Violence, XX(8), XXXX-XXXX. doi:10.1177/0886260508322183