Why do people need more money? This is because, the modern lifestyle believes in achieving luxurious living conditions and the way towards such achievements is relatively complicated. When such goals ensue, people become more and more desperate for money and this becomes the driving force behind the modern society.
Therefore, people tend to work hard to earn money and according to the principles of nature, some of them will be successful but some may fail.
However, if someone tries to achieve the luxurious life using the proceeds of crime, it cannot be recommended by any state under ethical consideration nor under economic consideration.
Money laundering, illegal use of banking and financial channels to disguise the illicit nature of the proceeds of crime, is a financial phenomena that may affect economic growth and tarnish the integrity of the financial system of a country. The united nations have roughly estimated that about US$ 1 trillion is laundered around the world, annually.
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