What term refers to concealing the source of a large sum of money by moving it through several bank accounts?

• A. Tax Evasion
• B. Embezzlement
• C. Bribery
• D. Laundering

Answer: (D)

Money laundering is about concealing where illegally obtained money comes from by moving it through multiple bank accounts and transactions, creating layers that hide the origin. When funds are routed through several accounts, it breaks the paper trail and makes it harder to trace back to the crime, allowing the money to seem legitimate when it’s finally used or reinvested. That layering through various accounts is exactly the technique that defines money laundering in practice. The other options describe different crimes—tax evasion is about avoiding taxes, embezzlement is theft of funds entrusted to you, and bribery involves illicit payments to influence actions—so they don’t fit this specific method of obscuring origin through banking moves.