Nelson Croom has launched a new course on Anti-Money Laundering. The course will introduce your learners to the concept of 'money laundering' and how it works. They will learn about money laundering schemes and understand the principles and the methods used. The course shows how learners can comply with regulations, what is required from them and how to report laundering.
Money laundering is something that happens in almost every country in the world. A single scheme can involve transferring money through several countries in order to obscure its origins. Money laundering, at its simplest, is the act of making money that comes from Source A look like it comes from Source B. In practice, criminals are trying to disguise the origins of money obtained through illegal activities so it looks like it was obtained from legal sources and the methods used by money launderers are many and varied.