A theoretical examination on money laundering

Money laundering, which has become one of the problems of the countries, has increased in late years. In this article, by defining the economic, social and legal aspects of illicit money, its history is also briefly mentioned. The stages followed in the entry of illicit money into economic systems by laundering are referred. As well, the detectable money laundering methods used by money laundering around the world for this process are also explained. Later, the legal steps taken and the units established in our country in terms of combating money was explained. The Walker and Unger Models, which were developed to determine the amount of illicit money, are explained. Finally, studies on the determination of the size of illicit(black) money in our country through these models are also included.