Noun
concealing the source of illegally gotten money
Source: WordNetHe called for House majority leader Tom DeLay to serve a "jail sentence" for corruption, when DeLay had not been convicted of any crimes [26] (though DeLay was indeed subsequently indicted and arrested on charges of criminal conspiracy and money laundering.) Howard Dean
We have never heard of laundering in Macau; money laundering is unheard of. Mind you, my casino, every bit of money - someone says Stanley Ho, you issue me a check of so much money - we don't give that easy. Stanley Ho
Our top targets are the people who tortured and killed Sergei Magnitsky. But our secondary targets are those people who profited from the crime that he was killed over or facilitated the money laundering for those people. Bill Browder
You get to a point where it gets very complex, where you have money laundering activities, drug related activities, and terrorist support activities converging at certain points and becoming one. Sibel Edmonds
Earlier this month, a Special Prevention of Money Laundering Act (PMLA) court in Mumbai had allowed a consortium of 15 banks led by State Bank of India to utilise the moveable assets of the former liquor baron. Source: Internet
The former PDP spokesperson was also accused of transacting with the sum of $2 million without going through a financial institution, in violation of a provision of the Money Laundering (Prohibition) Act. Source: Internet