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Umnica [9.8K]
3 years ago
5

What is the first phase of the money laundering process called?

Business
1 answer:
Maksim231197 [3]3 years ago
5 0

Money laundering involves three steps: The first involves introducing cash into the financial system by some means ("placement")

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Assuming you're talking about the US justice system . . . individuals still have rights when they are accused of criminal acts because our justice system requires that each individual be innocent until proven guilty in a court of law. Until such point that they are proven guilty, they are assumed innocent, and are entitled to the same rights as you or I am, having not committed any criminal acts. . . . THEY HAVE TO BE PROVEN GUILTY FIRST BEFORE THEY LOSE ANY RIGHTS AS A CITIZEN
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