Question

------is the process by which illegal funds and assets are converted into legitimate fund and assets

• A. Money minting
• B. Money laundering
• C. Money transferring
• D. Money Marketing

Answer 1

Answer:

B. Money laundering

Money laundering is the process of converting illegally obtained funds or assets into legitimate ones to hide their criminal origin. It is a serious financial crime and is strictly monitored by banks and regulatory authorities worldwide.