Topic:Money laundering ?
Kinjal JainPosted on 26th September,2022 03:30 PM
Mr. Shoren was involved in the collection and sale ofillegal drugs and got the routing done through various banking transactions and advances to bogus companies. Which stages of Money Laundering process address these aforesaid activities?
(a) Placement and Integration
(b) Layering and Integration
(c) Placement and Layering
(d) Placement, Layering and Integration
Replies:-
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BMC Associates says Replied on 30th May,2026 09:23 AM
In this case, the proceeds from illegal drug activities were routed through various banking transactions and advances to bogus companies to conceal their origin, which represents the Layering stage of money laundering. When these funds are subsequently introduced into the legitimate financial system and appear as lawful assets, it constitutes the Integration stage. For professional guidance on compliance, financial regulations, and anti-money laundering requirements, businesses can consult experienced chartered accountant firms in Gurgaon. A qualified chartered accountant Gurgaon can help organizations implement effective compliance frameworks. If you are looking for a trusted CA firm in Gurgaon or an experienced CA in Gurgaon, professional advisory services can assist in meeting regulatory obligations and maintaining financial transparency.
K Bhanuprakash Reddy says Replied on 27th June,2023 11:42 PM
Substitute with c
K Bhanuprakash Reddy says Replied on 27th June,2023 11:42 PM
D
Durgabvm says Replied on 2nd March,2023 10:10 PM
c
Akshit singhal says Replied on 19th February,2023 10:44 PM
c
Harimohan Nagar HMD says Replied on 15th October,2022 12:27 PM
C is. a Correct Ans.
ratan says Replied on 30th September,2022 09:17 AM
b
Durgesh says Replied on 29th September,2022 08:44 PM
c
Gopal Singhal says Replied on 29th September,2022 08:44 PM
b
Mansi says Replied on 28th September,2022 11:18 PM
sir advance to bogus companies why not integration?? because not a legtimate source
Kinjal Jain says Replied on 28th September,2022 10:54 PM
The correct option is C. Thankyou for your help guys
Mansi says Replied on 28th September,2022 10:52 PM
d
Khushi says Replied on 28th September,2022 08:23 PM
c
YAMI SHAH says Replied on 27th September,2022 02:06 PM
c
rishabh says Replied on 26th September,2022 10:28 PM
b
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