Money laundering is illegal, no matter how it is done.
Mobile loans are loans that can be applied for on your mobile phone. There are many ways to apply, such as following the WeChat official account to apply for a loan, or downloading the loan platform APP to apply.
Money laundering refers to criminals transferring illegal funds through a series of financial accounts in order to conceal the source of the funds, the identity of the owner, or the ultimate purpose of using the funds. Illegal money that needs to be "laundered" is generally possible Related to terrorism, drug dealing or organized crime.