Bank Secrecy Act Basics: 02. Money Laundering 101

Bank Secrecy Act Basics: 02. Money Laundering 101

Learning objectives

  • To gain an understanding of money laundering.

Course overview

Congress passed anti-money laundering laws to keep “dirty” money, or money gained through criminal activity, out of the banking system. These laws give law enforcement officials the tools they need to find and arrest criminals and terrorists. These laws also make it very difficult for criminals to spend the money that they make.
  • 5 minutes
  • Format: Video
  • English
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