Money laundering is an illegal activity that involves disguising the proceeds of illegal activities (such as drug trafficking, fraud, or corruption) as legitimate funds in order to avoid detection by law enforcement or taxation authorities. Unfortunately, there have been many individuals and organizations involved in money laundering over the years.
Some high-profile cases of money laundering have involved individuals like former Nigerian dictator Sani Abacha, who allegedly laundered billions of dollars from the Nigerian government; Mexican drug lord JoaquÃn "El Chapo" Guzmán, who was convicted of laundering millions of dollars in drug profits; and the now-defunct bank, BCCI (Bank of Credit and Commerce International), which was accused of laundering money for criminal organizations and governments. However, it's worth noting that many money laundering cases go unreported or unsolved, and the true extent of this illegal activity is difficult to quantify.
