No I think money laundering is when you knowingly mix proceeds of crime, obscuring it.
Like if I make drug dealing illegal, then require drug dealer to pay taxes. And then take the tax money, and conceal and intermix it into the form of the value of the 8th street bridge to cross the creek.
>No I think money laundering is when you knowingly mix proceeds of crime, obscuring it.
I can exempt myself from the $10k deposit/withdrawal/structuring rules at the bank by affirming to them that it's not the proceeds of a crime? If a cop decides to take the $300 out of my wallet, I just state "that's not drug money" and he has to give it back then and there?
Keep in mind that I can lose the money without a conviction, trial, or even being charged, so I don't think this has anything to do with it being the proceeds of a crime.
1. a predicate crime - the illegal thing you did to make money
2. placement - getting that money into the financial system
2. layering - hiding the money in legitimate transactions
3. integration - getting the money out
it sounds like you do have the predicate crime though, in some form of illegal drug dealing, since you mention trying to interfere with the government. if you actually think its unconstitutional, you might consider getting caught, and bringing your case up to the supreme court so that it can be struck for being unconstitutional.
The second capital controls drop, the feds will rebrand privacy as "terrorism" faster than you can say "civil forfeiture."
Lol they already have. Hawaladars are basically synonymous with terrorists now.
No I think money laundering is when you knowingly mix proceeds of crime, obscuring it.
Like if I make drug dealing illegal, then require drug dealer to pay taxes. And then take the tax money, and conceal and intermix it into the form of the value of the 8th street bridge to cross the creek.
>No I think money laundering is when you knowingly mix proceeds of crime, obscuring it.
I can exempt myself from the $10k deposit/withdrawal/structuring rules at the bank by affirming to them that it's not the proceeds of a crime? If a cop decides to take the $300 out of my wallet, I just state "that's not drug money" and he has to give it back then and there?
Keep in mind that I can lose the money without a conviction, trial, or even being charged, so I don't think this has anything to do with it being the proceeds of a crime.
properly, money laundering is:
1. a predicate crime - the illegal thing you did to make money 2. placement - getting that money into the financial system 2. layering - hiding the money in legitimate transactions 3. integration - getting the money out
it sounds like you do have the predicate crime though, in some form of illegal drug dealing, since you mention trying to interfere with the government. if you actually think its unconstitutional, you might consider getting caught, and bringing your case up to the supreme court so that it can be struck for being unconstitutional.