Which of the following is NOT a component of money laundering?
A)taking the proceeds from a criminal act
B)attempting to conceal the source of the money
C)using the money to commit crimes
D)investing profits back into the company

Question

Quizplus · Accepted Answer

Investing profits back into the company is not a component of money laundering. Money laundering involves taking the proceeds from a criminal act, attempting to conceal the source of the money, and using the money to commit crimes or to make it appear as though it was obtained through legitimate means.

Which of the Following Is NOT a Component of Money