From: "William H. Geiger III" <whgiii@amaranth.com>
Date: Tue, 10 Jun 1997 09:34:19 +0800
To: Alan <alano@teleport.com>
Subject: Re: WSJ on Money Laundering
In-Reply-To: <Pine.GSO.3.96.970609133806.19311E-100000@linda.teleport.com>
Message-ID: <199706100128.UAA28257@mailhub.amaranth.com>
MIME-Version: 1.0
Content-Type: text/plain



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In <Pine.GSO.3.96.970609133806.19311E-100000@linda.teleport.com>, on
06/09/97 
   at 01:42 PM, Alan <alano@teleport.com> said:

>Check out the latest (June 9th, 1997) Wall Street Journal.  On page B1
>there is an article on the wave of money laundering convictions for
>non-drug related crimes.  In fact, the article points out that just about
>any monetary transaction can be declared money laundering.  (And get
>upheld in court!)

>And the reasons behind this?  Long terms and lots of ready cash for the
>feds.

>"Property Seizure: It's not just for drug crimes anymore!"

This has been going on since the seizure laws were passed. The acusation
of any feloney gives the Gestapo (Federal, State, & Local) the power of
confescation (conviction is optional).

Not much different than the RICO laws. I would be suprised if 1 out of 10
RICO cases were actually against "orginized crime".

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William H. Geiger III  http://www.amaranth.com/~whgiii
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