4 ms·
Wire fraud and money laundering are federal crimes, I assume conspiracy too. Illegally acquired money is a trap: you cannot spend it without running afoul of so
by gvb 12y ago
Wire fraud and money laundering are federal crimes, I assume conspiracy too. Illegally acquired money is a trap: you cannot spend it without running afoul of some very serious federal statutes. Thus criminals attempt to "launder" the money so it can be spent without raising red flags, but that is a federal crime itself. Catch 22.