Examine the following website which lists the largest cases of money laundering fraud based on valuation, or feel free to find your own examples via the Post library or a regular online search.

Livingston, A$.($June $27$th$,2022).$ The $9$ most famous money$-$laundering examples of the past $50$ years. Money Crashers.

Pick one of the companies listed and research the details regarding the money laundering scheme and discuss the outcome.

Regarding your chosen company, discuss how the firm has managed to sustain operations despite such a tumultuous event. Finally, are there ways to avoid money laundering schemes from occurring in the future? If so$,$ explain.

Finally, there are several steps involved in a money launderings process, such as placement, layering, and integration. Each step plays a pivotal role in how the fraud is carried out. Which phase is the most significant in terms of ethical and legal repercussions?

How does money laundering relate to identity theft, if at all? What are the signs to look for?