Money Laundering is the process of making earning from criminal activities into legitimate money. It’s called “laundering” because the money from criminal activities is considered “dirty” money, so, “laundering” it would “clean” it. 176 more words
4 days, 1 hour
OFAC is an office within the Terrorism and Financial Intelligence Office at the US Department of the Treasury.
The Office of Foreign Assets Control (OFAC) is a financial intelligence and enforcement organization of the U.S.