Number: RL33315
Title: Money Laundering: An Overview of 18 U.S.C. 1956 and Related Federal Criminal Law
Authors: Charles Doyle, American Law Division 
Abstract: Money laundering in some forms is severely punished, sometimes more severely than the underlying crime, such as fraud, with which it is associated. The penalties frequently include not only long prison terms, but the confiscation of the property laundered, involved in the laundering, or traceable to the laundering. This report is an overview of the elements and other legal attributes and consequences of a violation of section 1956 and 1957, as well as related federal criminal statutes.
Pages: 61
Date: March 14, 2006