Mule threat and Money Laundering

Money laundering is the process of obfuscating the source of the money to appear as it has been acquired from a legal source. The criminal on the internet might have plenty of stolen credit cards and bank accounts, crypto money that has been acquired from illegal sources and so on. This money is all virtual, the criminals can’t just transfer this money to their bank account and use it. The money source must be obfuscated. This job can be done using money laundering services. Simply, after the criminal acquires the money from illegal source, they send the stolen funds to the service, and the service return them back to the criminal in a way that appears legit. The money laundering service infrastructure is using money mules which are aware or not aware that they are being used as a part of the money laundering process. Those people are not criminal or has no criminal records, but what they are doing is illegal and hard to be detected since they are normal people. The criminals manipulating such people and recruit them to open a bank account and a shell company to send and receive money as a part of the money laundering process. The banks are responsible to detect, investigate such acts to stop them before they even happen through developing programs such as the anti-money laundering program.