Assertion: money laundering | /r/DefinedAs | the process
Facets:
Source sentences:
text: Money laundering can be defined as the process of converting money obtained from criminal activities into money that appears to have been obtained from legitimate means.
text: Money laundering (ML) is defined as a process to make ‘dirty’ money (proceeds from criminal activities) look ‘clean’ (or legitimate) by masking the benefits derived from criminal conduct so that it appears to have originated from a legitimate source.
text: Money laundering is regarded as a process which consists of 3 phases:
text: Money laundering is defined as the process of covering up, or “laundering”, illegally obtained money to wipe away traces of criminal activity and make it appear legitimately obtained.
text: Money laundering is a crime defined as the process of creating the illusion that large amounts of money obtained from serious crimes actually originated from a legitimate source.