Very true. One launders money when the money is dirty. Money laundering requires placement of "raw cash", which is dirty. In this particular cash, the source of

Very true. One launders money when the money is dirty. Money laundering requires placement of "raw cash", which is dirty. In this particular cash, the source of money is NOT "raw cash". Sure, Ihor took loans with the intention of not paying it back. This money is a product of corruption--not "dirty" though. Imagine someone buying a new BMW M5 car on finance. Later, this guy claims that his car got stolen, gets a check from the Insurance company. Further, he uses this money as a down payment to buy a home in Texas. Do we call this "laundering"? I don't think so, since this money is traceable; neither placement, nor layering is involved. Yes, he schemed with his buddies to have his new car stolen, taken to Mexico. He can be prosecuted for his involvement in the theft, not for "money laundering".