Company officials say there are no allegations here of wrongdoing by the bank and emphasized that no bank or customer money was lost. Federal law requires banks to report suspicious activity in any of their accounts. Money laundering is a way to obscure the origins of money obtained illegally. Marketplace's Jessica Smith explains how it works. Modern technology has made the process a lot easier.
Every transaction leaves a trail.
You have to make that trail too difficult or too expensive to follow. Say, an olive oil importing business. Then, you spend it. Do real estate development. Invest in the stock market.