Earlier quoted context omitted.
> money laundering - the federal crime - relies, absolutely relies on their being an illicit origin. it cannot be charged independently and relies on discovering there was an illicit origin and moving to prosecute that. There are money laundering laws that require it be illicit funds. But there are also transaction reporting requirements - like generating a currency transaction report (CTR) - that don't require the f…
yes “structuring” is illegal. its not a “money laundering law”, perhaps a capital control. its unproductive to play into the idea that all movement of money is laundering and it isnt moving a discussion forward when the language is conflating everything. I can see the categorization of "AML" - anti-money laundering law. I think then that the context hasn't been made clear, when we are discussing the actual criminal c…
"Man guilty of violating laws in place to prevent money laundering" becomes "Man guilty of money laundering".