How does money laundering work? - Delena D. Spann
How does money laundering work? - Delena D. Spann with tags ted, ted-ed, ted education, delena spann, juan m. urbina, money laundering, financial crime, al capone, gangster, laundromat, casino, tax evasion, merchants, pirates, virtual currency, placement, layering, integration, bank, bank account, corporation, government surveillance
View full lesson: http://ed.ted.com/lessons/how-does-money-laundering-work-delena-d-spannMoney laundering is the term for any process that cleans illegally obtained funds of their dirty criminal origins, allowing them to be used within the legal economy. And the practice is about as old as money itself. But how does it actually work? Delena D. Spann describes the ins and outs of money laundering. Lesson by Delena D. Spann, animation by Juan M. Urbina.
