Is laundering legal money and then using it for legal purposes illegal? | Hacker News

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		ssharp on May 1, 2013 \| parent \| context \| favorite \| on: This page is anonymous Is laundering legal money and then using it for legal purposes illegal?

Goladus on May 1, 2013 | [–]

If the money was obtained legally to begin with, concealing the source is not illegal.

http://www.law.cornell.edu/uscode/text/18/1957

samweinberg on May 1, 2013 | [–]

If the laundering method is illegal, then yes.

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