How does money laundering work? – Delena D. Spann



View full lesson: http://ed.ted.com/lessons/how-does-money-laundering-work-delena-d-spann

Money laundering is the term for any process that “cleans” illegally obtained funds of their “dirty” criminal origins, allowing them to be used within the legal economy. And the practice is about as old as money itself. But how does it actually work? Delena D. Spann describes the ins and outs of money laundering.

Lesson by Delena D. Spann, animation by Juan M. Urbina.

source

Corruption Buzz

Share
Published by
Corruption Buzz

Recent Posts

Health Care Conferences Canceled as Anti-Corruption Campaign Intensifies – Sixth Tone

Health Care Conferences Canceled as Anti-Corruption Campaign Intensifies  Sixth Tone Source link

7 minutes ago

Three political scandals that shook modern Sweden – The Local Sweden

Three political scandals that shook modern Sweden  The Local Sweden Source link

26 minutes ago

This is one of the biggest financial scandals universities have faced – The Times

This is one of the biggest financial scandals universities have faced  The Times Source link

31 minutes ago

Former Sri Lankan health minister and family arrested in pharmaceutical corruption scandal – Tamil Guardian

Former Sri Lankan health minister and family arrested in pharmaceutical corruption scandal  Tamil Guardian Source link

1 hour ago

Corruption probe exposes inflated medical invoices at Homs University Hospital – سانا

Corruption probe exposes inflated medical invoices at Homs University Hospital  سانا Source link

1 hour ago

Secretary Rubio’s Call with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud

Office of the Spokesperson HomeOffice of the SpokespersonPress Releases…Secretary Rubio’s Call with Saudi Foreign Minister…

1 hour ago