This document discusses money laundering, including definitions, reasons for money laundering, how it works, and efforts to prevent it. It defines money laundering as cleaning money obtained from illegal activities to make it appear legitimate. Reasons for money laundering include avoiding investigations and taxes. The Prevention of Money Laundering Act of 2002 aims to prevent laundering and related crimes through provisions like confiscation of illegally obtained property and punishment. Technology like AI and data analytics helps financial institutions monitor transactions and detect suspicious patterns.