Detect The Activity Of Money Laundering

One of the activity of money laundering is a placement that's physical disposal of fund generated by illegal activities into the financial system. The various forms of this activity include some of the activity below :

1. Placing cash on deposit in banks. This activity is sometimes followed by application of loans or financing.
   
   
2. Deposit of money into a provider of financial services as loan repayments to obscure the audit trail.
   
   
3. Cros-border smuggling of cash.
   
   
4. Financing of a purportedly legitimate business or of business related to legitimate business through debt/financing, thus converting cash into debt/finance.
   
   
   
5. Purchase of high value goods of personal use, purchase of expensive presents to reward other parties, with payment excuted a provider of financial services.