There are common myths and rumors that one can avoid in order to prevent a major loss. We dispel some of the common myths that plague the minds of investors when it comes to investing in the stock market
Money laundering could be defined as the conversion of money that is illegally obtained, in order to make it appear from the genuine sources. Initially, the term “money laundering” originated from the mafia ownership of Laundromats in the United States, who earned money from extortion, gambling and from several other crimes and showed that money as a legitimate income. However, in India, Money laundering became a major matter of concern in the 1980’s.