What is another word for money laundering?
Pronunciation: [mˈʌnɪ lˈɔːndəɹɪŋ] (IPA) 
Money laundering is the process by which illicit funds are disguised and made to appear legitimate. There are several synonyms for this term, including financial fraud, the illegal transfer of funds, and the unlawful concealment of assets. Other words used to describe this criminal activity include white-collar crime, racketeering, embezzlement, tax evasion, and money smuggling. Additionally, some refer to the process as "washing" money or "cleaning" funds. Regardless of the terminology used, the act of money laundering is illegal and can result in significant legal consequences for those involved. It is essential to be aware of the many synonyms for this crime and to understand the seriousness of engaging in such activities.
