what exactly is money laundering (spelling?)

Re: what exactly is money laundering (spelling?)

mafia people have shady businesses. they make extra ordinary profits which is nothing but the black money. they run lottery businesses…i mean they try to buy the winning lottery tickets at a higher prices. in our countries the whole illegal money transfers called HUNDI are some of the examples.

**if we change our dollars on the street back home at a lilttle higher rate, that means we are inadvertently helping the money launderers. **