From Cash to Clean: Transforming Dirty Money

Criminals are increasingly shifting their money laundering techniques from traditional methods involving cash-heavy businesses to more sophisticated digital strategies. This evolution highlights the necessity for disguise as cash poses significant risks through direct deposits in banks. In the past, money laundering involved mixing illicit earnings with legitimate business incomes through front operations like restaurants or nightclubs, followed by a convoluted process of purchasing and selling items such as gold and real estate. This method obscures the money trail and makes it challenging for authorities to trace illegal funds back to their sources, showcasing the ongoing adaptation of laundering practices to circumvent law enforcement scrutiny.