Which statement about money laundering and/or embezzlement is true?

Which statement about money laundering and/or embezzlement is true?



a. Both money laundering and embezzlement are crimes involving illegally obtained money.
b. Money laundering involves taking the proceeds of criminal activities and either using the money to promote crime or attempting to conceal the source of the money.
c. Embezzlement is the fraudulent conversion of property that is already in the defendant's possession.
d. Both (a) and (b).






Answer: D


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