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Money laundering has become an effective way of terrorists profiting from the proceeds of crime for one major reason. To be precise, money is laundered in great amounts. Thus, since terrorists need millions or billions of dollars for their operations, laundering becomes the easiest method to raise funds without being detected. According to a report by the CIA, the Al-Qaeda needed money amounting to $30 million annually prior to the September 11, 2001 (9/11) terrorist attacks in the U.S