criminal proceeds

Criminal proceeds are the money and assets gained from illegal activities, such as drug trafficking, fraud, or theft. These proceeds are often hidden, transferred, or converted to appear legitimate. Laws aim to detect and confiscate these assets to prevent criminals from benefiting financially from their crimes and to deter illegal activities. Essentially, criminal proceeds represent the financial gains derived from unlawful conduct, which authorities work to seize or freeze to enforce justice and uphold the integrity of the financial system.