Colorado Laws On Money Laundering
What are statutes 1956 and 1957, and what do they say about money laundering?
Doug Richards, a criminal defense attorney in Denver, explains statutes 1956 and 1957, and what these statutes say about money laundering laws. These statutes, he explains, define what money laundering is. As an experienced criminal defense attorney, he has handled many cases of this type, and understand these statutes very well.
“The basic money laundering statutes are found inside the United States code. It’s title 18, 1956 and 1957. The 1956 statute basically states that it’s a way for the police to investigate and prosecute you for taking the proceeds of a specified unlawful activity and using them or concealing them in an attempt to evade paying taxes, evade reporting requirements, or evade any other law whatsoever.”