Supreme Court to Define Money Laundering
In the case styled, Cuellar v. United States of America, the Supreme Court of the United States has granted certiorari to the following question:
Whether merely hiding funds with no design to create the appearance of legitimate wealth is sufficient to support a money laundering conviction.
Under the facts of the case, Cuellar was arrested while traveling towards Mexico with a large sum of money hidden in the trunk of his car. He was convicted of money laundering. The Fifth Circuit Court of Appeals upheld the conviction on the basis that Cuellar had taken steps to hide the money, rejecting the view that money laundering requires some kind of design to create the appearance of legitimate wealth. See the Supreme Court filings at Scotus Blog.
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