3 ms·
I wouldn't say that money needs to be "illegally obtained" to be classified as laundered. There are tax benefits to "laundering" legally obtained money, for exa
by SmellyGeekBoy 8y ago
I wouldn't say that money needs to be "illegally obtained" to be classified as laundered. There are tax benefits to "laundering" legally obtained money, for example.
Although at this point we're just arguing semantics.
- koboll 8y agoi.e., what Paul Manafort is currently standing trial for
- moneylaundering 8y agoOversimplified version of most statutes: It has to be transferred AND (1)illegally obtained, or (2)intended for an illegal purpose, or (3)disguised and international but not in any way illegal.