What is the primary goal of money laundering?

The primary goal of money laundering is indeed to conceal the illicit origin of criminal property. This process involves a series of transactions or activities aimed at making illegally obtained money appear legitimate. Criminals use money laundering to disguise the true source of their funds, allowing them to integrate these proceeds into the economy without drawing attention to their unlawful activities.

By obscuring the origins of these assets, individuals can use their proceeds without risk of detection by authorities. This process is essential for those involved in various forms of organized crime, as it allows them to enjoy the benefits of their illicit gains without facing legal repercussions. The focus is primarily on masking the criminal origins rather than enhancing reputation, collecting taxes, or increasing asset values, which are not fundamental aspects of money laundering's main purpose.