Term applied to taking money gotten illegally and washing or laundering it so it appears to have been gotten legally.For example: Organized Crime will often take funds obtained through EXTORTION, ( Often through Protection Rackets, where businesses pay a fee to the local arm of a CRIMINAL SYNDICATE TO BE ALLOWED TO EXIST AND REMAIN OPEN.) TO ACQUIRE PROPERTIES THROUGH LEGAL AND VALID BUSINESS TRANSACTIONS.Since These "TRANSACTIONS," funded through a Criminal Act, are used to LEGALLY PURCHASE REAL ESTATE OR OTHER BUSINESSES, The Money has now been "cleaned" or "washed." The seller has sold something Legally, and how the cost of the purchase was obtained is usually not relevant, (Unless the Seller had Knowledge of the Source of the Funds, and a Charge of "Conspiracy" can be proven.)Now how can this be applied to the SUBJECT OF "DONATION LAUNDERING."SEE PART TWO.
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