|
| |
| | Money laundering - Wikipedia, the free encyclopedia |
 | | Money laundering, the metaphorical "cleaning of money" with regards to appearances in law, is the practice of engaging in specific financial transactions in order to conceal the identity, source and/or destination of money and is a main operation of underground economy. | | | In the UK 'money laundering' need not involve money (it relates to assets of any kind, both tangible and intangible, and to the avoidance of a liability) and need not involve laundering either (a thief's possession of the assets he himself stole is included). | | | Today its definition is often expanded by government regulators (such as the United States Office of the Comptroller of the Currency), to encompass any financial transaction which generates an asset or a value as the result of an illegal act, which may involve actions such as tax evasion or false accounting. |
|
http://en.wikipedia.org/wiki/Money_laundering
(2171 words)
|
|
| |
| | Money laundering - Factsheet - The IMF and the Fight against Money Laundering and the |
| | Money laundering may be difficult for an accountant to spot. | | | Money laundering is a process in which assets obtained or generated by criminal activity are moved or concealed to obscure their link with the crime. | | | The purpose of the Asia/Pacific Group on Money Laundering (APG) is to facilitate the adoption, Money laundering is the processing of criminal proceeds, |
|
http://urlshome.com/urhm/money-laundering.htm
(483 words)
|
|
| |
| | GOP operative should stand trial for money-laundering |
| | State law generally prohibits spending corporate money on campaign activity, but the defendants' lawyers argue that the corporate money was not used to advocate the election or defeat of any candidates. | | | During the 2002 elections, Texans for a Republican Majority, a political committee created by U.S. House Majority Leader Tom DeLay, spent about $600,000 in corporate money on fundraisers and to pay for pollsters and phone banks. | | | The defense argued that the indictments should be set aside because money laundering is a cash-only proposition and doesn't apply to the $190,000 corporate check that is photocopied in the indictment. |
|
http://www.statesman.com/metrostate/content/metro/stories/07/13trmpac_me.html
(482 words)
|
|
|
