X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Since the enactment in 1986 of the federal money-laundering statute, aggressive enforcement and broad interpretation of key elements of the statute have raised serious concerns that the power of prosecutors in utilizing the statutes has been unfairly and improperly expanded.

Prosecutors often seek to lodge money-laundering charges where the alleged “laundering” conduct is virtually indistinguishable from the underlying offense. That expanded power includes the ability to exact harsh penalties for money-laundering charges that far exceed those available for the underlying predicate offense. The prospect of a higher sentence often allows prosecutors to obtain plea bargains that may not be in the interest of justice. Thus, even the mere threat of a money-laundering charge can be a powerful weapon for the prosecutor in the negotiating process.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.