By Sandra Fungai Kabaya (August 25, 2023, 11:33 AM EDT) -- Money laundering, the process of making illicitly obtained funds appear legitimate, is a complex and evolving challenge for law enforcement agencies and financial institutions. Among the many techniques employed by criminals, skimming has emerged as a particularly elusive method. This article explores the concept of skimming in the context of money laundering, shedding light on its mechanisms, impact and the countermeasures in place to combat this illegal practice....