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of <h1>Individual Guilty of Money Laundering for Concealing or Using Crime Proceeds Under Prevention of Money-Laundering Act, 2002</h1> Under the Prevention of Money-Laundering Act, 2002, an individual is guilty of money laundering if they directly or indirectly engage in or assist with activities related to the proceeds of crime. This includes actions such as concealing, possessing, acquiring, or using such proceeds, and projecting or claiming them as untainted property. The statute clarifies that these activities are ongoing offenses, continuing as long as the individual benefits from the proceeds through any of these means. Amendments have further defined and expanded the scope of these activities.
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