A bookkeepers’ guide to preventing money laundering

A selection of English bank notes pegged up on a washing line

Money laundering is an illegal operation that involves disguising large sums of money, which have been accrued through criminal activity such as drug trafficking, so it appears the money has come from a legal source. Funding for terrorist organisations is a growing source of money laundering. In the process, the money is ‘laundered’, so it […]