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Money Laundering In The United States

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Money Laundering In The United States
Money laundering is the process by which someone exploits income, conceals it and makes it appear legal. People generally launder money for personal and financial gain generally without leaving incriminating evidence nor traces of the funds behind. Criminals often seek out sources and opportunities in order to launder funds with limited to no detection. For example, a criminals can now wire funds from one account to another by using his personal computer or smart phone. The advancement of technology has allowed law enforcement personnel to ping IP Addresses in order to identify criminals but this source is very limited. Officers can identify, catalog and monitor complaints from victims in order to develop trends which can generate suspect profiles
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