【工行北京亚运村林萃路支行开展反洗钱宣传活动】 defense against money laundering   Practicing financial for the people China Construction Bank Olympic Village Linxilu Branch   What is money laundering? clearing dirty money into clean money. A financial term that refers to the process of converting illegal income and its profits, through various methods, to disguise their origin and nature. Common money laundering methods: 1、Cash smuggling 2、Splitting large amounts of cash into bank accounts 3、Investing in high-traffic industries 4、Buying goods with strong liquidity 5、Anonymity savings or buying unregistered financial securities 6、Creating false trade agreements to disguise illegal imports and exports 7、Registering shell companies, virtual trading 8、Setting up offshore companies 9、Using underground money changers and personal loans to transfer criminal income 10、Buying insurance policies 11、Complex financial transactions 12、Opening anonymous bank accounts in offshore financial centers 13、Using the banking secrecy law. Money laundering crime laws   Article 191 of the Criminal Law of the People's Republic of China Punishes those who cover up, conceal, or disguise criminal activities including drug trafficking, organized crime groups, terrorist activities, smuggling, bribery, and disrupting financial order, as well as other related crimes.