Complex sentence: To hide the proceeds from this stock scam, the mob laundered their profits by wiring funds and making cash transfers through domestic and foreign banks, while utilizing nominee accounts and corporations to hide the true ownership of the illegal proceeds.
Split into simpler sentences: To hide the proceeds from this stock scam, the mob laundered their profits by wiring funds and making cash transfers through domestic and foreign banks. They used nominee accounts and phony corporations to hide the true ownership of the illegal proceeds.