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Money Laundering

Learn about the federal statutes targeting a breadth of financial activities involving criminally-derived funds.

Transcript

Money laundering is the process of disguising the source of proceeds from criminal activity. The primary statute addressing money laundering is the Money Laundering Control Act of 1986, or the MLCA. This statute applies to many white-collar crimes. For instance, a public official who tries to hide bribery proceeds may commit money laundering.

I.   Laundering of Monetary Instruments – 18 U.S.C. § 1956

The MLCA contains two statutes. The first and most widely used is § 1956 of...

Lessons

    • 1. Welcome to White-Collar Crime
    • Welcome to White-Collar Crime
    2. Unique Attributes of White-Collar Crime
    • Federal and State Jurisdiction over White-Collar Crime Prosecution and Parallel Proceedings
    • Mens Rea and Actus Reus in White-Collar Crime
    • Individual Versus Institutional Liability for White-Collar Crime
    3. Criminal Falsehoods
    • Mail and Wire Fraud Part I
    • Mail and Wire Fraud Part II
    • Bank Fraud and Health-Care Fraud
    • Perjury and False Declarations Part I
    • Perjury and False Declarations Part II
    • False Statements
    • Civil and Criminal False Claims
    • Obstruction of Justice Part I
    • Obstruction of Justice Part II
    4. Criminal Influence and Exploitation of Position or Fiduciary Responsibility
    • Bribes and Gratuities
    • Federal-Program Bribery, International Bribery and the Foreign Corrupt Practices Act (FCPA)
    • Extortion
    • Securities Fraud Part I
    • Securities Fraud Part II
    5. Criminal Financial Activity
    • Bank Secrecy Act and Currency-Reporting Offenses
    • Money Laundering
    • Tax Crimes
    6. Other White-Collar Crimes
    • Computer Crimes
    • Environmental Crimes
    • The Economic Espionage Act & the National Stolen Property Act
    7. Criminal Collaborations
    • Organized Crime and the Travel Act
    • Criminal RICO I
    • Criminal RICO II and Civil RICO
    • Conspiracy
    8. Evidentiary, Procedural, and Other Issues in White-Collar Crime
    • Grand Jury Investigations
    • Internal Investigations and Compliance Programs
    • Fifth Amendment Issues in White-Collar Crime
    9. White-Collar Defenses and Penalties
    • Timing Defenses
    • Procedural Defenses to White-Collar Crime
    • Other Defenses to White-Collar Crime
    • Resolution and Penalties in White-Collar Crime Prosecutions