...the black money, or dirty money . . . [to] clean money .... Michele Sindona3 "Money laundering" is the process by which one conceals the existence, illegal...income, and then disguises that income to make it appear legitimate.4 Narcotics traffickers, for example, often seek to change large amounts of cash received...

...NATIONAL ASSOCIATION OF ATTORNEYS GENERAL Summer Meeting Colorado Springs, Colorado Julj 15 - 18, 1985 RESOLUTION MONEY LAUNDERING WHEREAS, "money laundering"...legitimate financial institutions in this country every year; and WHEREAS, federal law does not presently proscribe money laundering as a distinct offense;...

...Crime as " the process by which one conceals the existence, illegal source, or illegal application ot income, and then disguises that income to make it...legitimate financial institutions in this country every year; and WHEREAS, federal law does not presently proscribe money laundering as a distinct offense;...

...Connection: Organized Crime, Financial Institutions, and Money Laundering, identifies money laundering -- or the process by which one conceals the existence, illegal...disguises that income to make it appear legitimate -- as a substantial and growing impediment to the effort to combat organized crime. The Report finds...

...which is defined by the President's Commission on Organized Crime as the process by which a person conceals the existence, illegal source, or illegal...disguises that income to make it appear legitimate. In criminal jargon it is the process by which cash is washed so it can be used openly and cannot be...

...the Treasury. "Money laundering" is a process by which one conceals the existence, illegal source, or application of income, and then disguises that income to make it appear legitimate. In announcing the hearing, Chairman Pickle stated, "Each year billions of dollars are channelled through...

...the Treasury. "Money laundering" is a process by which one conceals the existence, illegal source, or application of income, and then disguises that income to make it appear legitimate. In announcing the hearing, Chairman Pickle stated, "Each year billions of dollars are channelled through...

...problem concerns the "laundering" of illegal money gained from strictly criminal activity. This "is the process by which one conceals the existence, illegal...disguises that income to make it appear legitimate" (President's Commission on Organized Crime, 1984:1). Offshore tax havens, with their strict secrecy...

...USC). 2. S« 12 CFR | 326 nl (1992). 3. On* former public official bai defined "money laundering" u "the process by which one conceals the existence,...disguises that income to make it appear legitimate." Jame* D. Harmon, Jr., United Statei Money Laundering Law*: International Implication!, 9 NYL Sea J....

...CFR { 326 nl (1992). 3. On« former public official has defined "money laundering " u "the proceaa by which one conceals the existence, illegal source,...disguises that income to make it appear legitimate." James 0. Harmon, Jr., Untied SIatex Monsy Laundertng Laua: International ImpIications. 9 NYL SCH. J....