18 USC 1956

An overview of federal money laundering statutes

February 6, 2011
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The United States government keeps close watch on financial activity both for tax collection purposes and law enforcement. Tracking the flow of cash through small businesses has proven to be a useful tool for federal agents investigating large scale criminal organizations. Money laundering, generally, is the practice of using a business to conceal cash or […]

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Summary of federal criminal charges relating to bankruptcy

November 28, 2010
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The most common bankruptcy crime is known as bankruptcy fraud, and it is prosecuted under 18 USC 152. The statute makes it a criminal offense for the debtor to conceal assets, make a false oath or declaration, transfer property into the name of another, extort money, or falsify or withhold records of finances or property. […]

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