Proving Money Laundering Just Got Tougher

Federal prosecutors now have a tougher road to plow when seeking to convict a white-collar defendant under the federal money laundering statute, 18 U.S.C. § 1956. In a recent decision, the Sixth Circuit Court of Appeals held that in order to convict the accused of money laundering, the government must prove that the accused intended to launder funds in the given transaction. Simply demonstrating that a defendant structured a given transaction to conceal illicit gains no longer suffices.

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