Search results
Results from the WOW.Com Content Network
It for the first time in the United States criminalized money laundering. Section 1956 prohibits individuals from engaging in a financial transaction with proceeds that were generated from certain specific crimes, known as "specified unlawful activities" (SUAs). Additionally, the law requires that an individual specifically intends in making ...
An Act to provide for the offence of money laundering, the measures to be taken for the prevention of money laundering and terrorism financing offences and to provide for the forfeiture of property involved in or derived from money laundering and terrorism financing offences, as well as terrorist property, proceeds of an unlawful activity and instrumentalities of an offence, and for matters ...
Cabrales, 118 S. Ct. 1772 (1998) [3] a jurisdiction issue on venue was invoked by the attendant circumstance that the relevant acts of money laundering occurred in Florida where the case was to be tried, but the funds were derived from the unlawful distribution of cocaine in Missouri. The offense is defined as:
Timothy France Johnson, 61, was indicted March 20 on seven counts of wire fraud and three counts of engaging in monetary transactions in property derived from specified unlawful activity, federal ...
“Additionally, he faces a maximum statutory penalty of 10 years in prison and a fine of $250,000 for each of the three counts of monetary transactions with proceeds of specified unlawful activity.
In 1992, the requirement to file suspicious activity reports (as well as the accompanying implied gag order) in the United States was added by Section 1517(b) of the Annunzio-Wylie Anti-Money Laundering Act (part of the Housing and Community Development Act of 1992, Pub. L. 102–550, 106 Stat. 3762, 4060).
They are seeking a life sentence, which they say is appropriate because Joly “is responsible for specified unlawful activity that underpins his money laundering convictions: multiple hostage ...
The Travel Act, 18 U.S.C. § 1952, criminalizes, inter alia, the use of interstate travel or the mail to distribute the proceeds of, or promote or manage, unlawful activity, including extortion or bribery. [97] The Travel Act has been used to prosecute political corruption. [98]