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of <h1>Clause 187A Defines Money-Laundering: Involvement in Proceeds of Crime Until Benefits Cease Through Concealment or Misrepresentation</h1> Clause 187A, inserted into the Prevention of Money-Laundering Act, 2002, clarifies the definition of money-laundering. It states that a person is guilty of money-laundering if they directly or indirectly attempt to engage in, assist, or are involved in activities related to proceeds of crime, such as concealment, possession, acquisition, use, or falsely presenting or claiming them as untainted property. The clause emphasizes that these activities are ongoing until the person ceases to benefit from the proceeds of crime through any means of concealment, possession, or misrepresentation.
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