Which is the 2nd stage in Money Layering?

Which is the 2nd stage in Money Layering?

The second stage in money laundering is known as Layering. This stage follows the initial stage of Placement. The primary objective of Layering is to create a significant separation between the illicit funds and their origin. By doing so, it aims to obscure the illicit nature of these funds by hiding their trail. To know more about what is layering, you can read this article so you don’t fall pray to money laundering tactics at any stage