In a globalized world with complex financial systems, it is equally important for individuals, financial professionals, and regulators to understand what money laundering means and how it works. The phenomenon of money laundering is not just a theoretical concept – it has concrete implications and real-world consequences that can undermine the integrity of financial markets, facilitate criminal activities, and threaten economic stability. Recognizing the methods used to conceal the origins of illegally obtained funds and implementing effective measures to detect and prevent money laundering are essential steps in safeguarding the financial system and maintaining trust in the global economy.