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Frequently Asked Questions about Federal Money Laundering Charges and Penalties

Money laundering charges: What is money laundering?

Although many people think of money laundering simply making convoluted financial transactions to conceal the origin of funds obtained from criminal activity, the federal criminal money laundering laws cover a far broader range of conduct involving criminally derived property.

Federal criminal money laundering offenses are codified under 18 U.S.C. § 1956 and § 1957. In this post, we’ll discuss § 1956 money laundering offenses.

1956 money laundering offenses most commonly fall into one of two kinds of money laundering:

“Promotional” money laundering – in which the alleged financial transactions involving criminally derived funds … Read More »