Money laundering

In Jamaica, money laundering involves making illegally earned money look as if it comes from legitimate sources. This process typically includes placing the funds into the financial system, layering them through various transactions to hide their origin, and then integrating the money into the economy to make it appear lawful. Common methods include buying property, investing in businesses, or using shell companies to mask the true source of the money. Money laundering distorts financial systems and creates challenges for authorities trying to prevent fin