How and in how many ways is money laundered around the world?
Money laundering is a major crisis in the modern world. Money from developing countries is being laundered in various countries including the United States, the United Kingdom, Canada, the United Arab Emirates, Hong Kong, Malaysia, Singapore, and India. These countries, the destinations of the laundering, are known as tax havens. Experts say that the laundered money is mainly legalized in these countries by buying houses and investing in businesses.
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