Money laundering typologies

Money laundering typologies refer to the methods criminals use to hide the origins of illegally obtained money, making it appear legitimate. These techniques include layering (moving money through complex transactions or offshore accounts to conceal its source), integration (reintroducing illicit funds into the economy as seemingly legal income), and structuring (dividing large sums into smaller, less suspicious amounts). Criminals also use shell companies, fake invoices, or cryptocurrency to mask their activities. Recognizing these patterns helps authorities detect and prevent illegal money from contaminating the financial system.