Money Laundering in the UK

An Essay on UK Money Laundering Good, should also discuss cost to UK institutions
Financial Accounting For Financial Services Assignment
Money Laundering
The word money laundering, according to the myth, is derived from Al Capone's practice of using a string of coin-operated launderettes in Chicago to disguise his revenues from gambling, prostitution and protection rackets. It's a nice story but not true, money laundering is so called because it perfectly describes the process of removing the stains and smells which money acquires when criminals earn it.
In this report I will go on t…