launder

Definition of "launder"
  1. The act of moving money or assets generated from illegal activities in a way that hides their original source
How to use "launder" in a sentence
  1. The accountant was accused of helping his clients launder income from illicit drug sales.
  2. The financial institution was heavily fined for failing to establish processes to prevent the launder of illegally obtained funds.
  3. The investigation revealed a complex scheme to launder money through offshore bank accounts.

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