Money laundering is to 'legitimize' money made from illegal means by passing it off as income/profit through another company. As an example, if you make $10,000 selling drugs, you make a little store and make it "sell" $10,000. After paying taxes on the income, you legally keep the difference in your pocket without anyone wondering why you suddenly have a new car.
That's not what money laundering means.
Money laundering is to 'legitimize' money made from illegal means by passing it off as income/profit through another company. As an example, if you make $10,000 selling drugs, you make a little store and make it "sell" $10,000. After paying taxes on the income, you legally keep the difference in your pocket without anyone wondering why you suddenly have a new car.