money laundering

money-laundering, n. The act of transferring illegally obtained money through legitimate people or accounts so that its original source cannot be traced. • Money-laundering is a federal crime. 18 USCA § 1956. It is also addressed by state governments, e.g., through the Uniform Money Services Act. Because some money-laundering is conducted across national borders, enforcement of money-laundering laws often requires international cooperation, fostered by organizations such as Interpol. [Cases: United States 34. C.J.S. United States §§ 162–163.]

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词条贡献者

译者Jenny，毕业于英国顶尖的高级翻译学院，擅长翻译各种与ERISA 诉讼相关的法律文件。