Structuring and smurfing

This document discusses money laundering, including how it is generated through various criminal activities, the stages of money laundering, and common techniques used. Money laundering is the process of making illegally gained money appear legal through placement, layering, and integration. Common techniques mentioned are structuring, smurfing, cuckoo smurfing, and using forex, property, bogus companies, or non-profits to place and layer illegal funds. Globally, an estimated $3 trillion is laundered each year.