Assertion: money laundering | /r/HasProperty | illegal
Facets:
value: by its very nature
type: OTHER
value: facto
type: DEGREE
value: under [chapter 708a]
type: OTHER
value: highly
type: DEGREE
Source sentences:
text: The main reason for this is that money laundering is illegal and a very serious charge, and must always be avoided.
text: This is a good time to reiterate that money laundering is an illegal activity designed specifically to conceal ill-gotten gains from other illegal activities.
text: Money laundering is the illegal process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source.
text: Money laundering is illegal because it allows criminals to profit from crime, and it usually involves more than one illegal step to take place:
text: Money laundering is illegal because cops want crime to be unprofitable.
text: Because there is typically an original criminal act that generates the ill-gotten money, you may wonder why money laundering is illegal.
text: Under [CHAPTER 708A], MONEY LAUNDERING, Section 708A-3 Money laundering; criminal penalty and under Georgia Banking and Finance Code Section Section 7-1-912 (Financial Institutions), money laundering is illegal.
text: Of course, money laundering is itself highly illegal, and many criminals have been prosecuted for it.
text: Money laundering is ipso facto illegal; the acts generating the money almost always are themselves criminal in some way (for if not, the money would not need to be laundered).
text: By its very nature, money laundering is an illegal activity carried out by criminals which occurs outside of the normal range of economic and financial statistics.
text: Money laundering is also an illegal activity.
text: Money laundering is the illegal process of concealing the origins of money obtained illegally by passing it through a complex sequence of banking transfers or commercial transactions.