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The cash threshold refers to the total amount that an individual or entity can receive, carry around, or payout in the form of cash.Cash transaction makes the first stage of money laundering known as Placement practical.This is where the 'dirty...

This process enables the criminals to enjoy these proceeds without exposing their source.There are three stages of laundering money:Stage 1: Placement This is whereby ‘dirty’ money is placed into the legal, financial systems either through...

On the surface, Europe's current crisis, which some people predict will tear apart the European Union, is financial. Jacques Delors, one of the architects of the euro, now claims that his idea for a single currency was good, but that its "execution"...