UNODC Money-Laundering Terms In today's global economy,
organized crime groups generate huge sums of money by drug
trafficking, arms smuggling and financial crime. Criminals who
wish to benefit from the proceeds of large-scale crime have to
disguise their illegal profits without compromising themselves.
This process is known as money laundering. This glossary by the
UNODC introduces you to the basic money-laundering terms. Asset
Protection Trust Association of Banking Supervisory Authorities
of Latin America and the Caribbean