What is money laundering?

09-09  Source: Network gathering  Views:0 

Advertisement

What is money laundering?

Money laundering is punishable even in small amounts.

As money laundering obfuscating and concealing income illegally obtained is called. It gives the appearance that the income was obtained legally.

Money laundering is punishable by imprisonment of up to 10 years

Money laundering is an offense under Penal Code § 261st As money laundering criminal legislation referred to concealing and disguising the origin of income. This is linked to the thwarting or hindering the identification of the origin of money and assets. Under penalty also is the risk of finding, confiscation or to ensure illegal and related crimes acquired objects.

Money laundering is punishable by a prison sentence of three to five years. Depending on the severity of cases up to 10 years possible. Low offenses against the penal code punishes lawmakers with fines or imprisonment up to 2 years.

Criminal activities of individuals and organized groups

The wash of money in most cases comes from drug trafficking and cigarette smuggling and the red light district. Here laundering proceeds very easily. Equally simple is the police money launderers on the track.

  • When a cocaine dealer sells a kilograms of cocaine, it would be difficult for him to spend the profit derived from the normal. So he opened a pub or a restaurant. The consumption of drinks and entertainment to legalize profits from the cocaine trade.
  • For the police, there is a starting point, money launderers to come on the ropes. High profits from the bar can not be plausibly explained as the drug trade constitute the main occupation and the pub is not operated regularly.
  • If no guests are served, it can also be no sales. So the investigators begin to ask questions, where as in reality comes from the money in such large quantities. So one gets immediately suspected to operate criminal money laundering.

Conscious acceptance of illegal money is punishable

  • Money laundering is usually regarded as an act of organized economic crime. A misconception is, however, that money laundering is committed only by Mafia and other organized economic criminals.
  • A citizen already operates money laundering when he takes money in spite of the knowledge of its illegal origins. It is irrelevant whether to accept the money as payment for a service rendered.

The clearance rate of the police is good with money laundering. For it is only once for an examination of the personal or corporate finance, the German investigating authorities are usually able to find despite careful concealment.

Related articles
  • What is money laundering? 09-09

    Money laundering is punishable even in small amounts. As money laundering obfuscating and concealing income illegally obtained is called. It gives the appearance that the income was obtained legally. Money laundering is punishable by imprisonment of

  • Can be washed on Good Friday laundering? 12-11

    accept Christian celebrations and wash not wash You may wash laundry on Good Friday First, it should be clarified that the Bible forbids nowhere to wash laundry on Good Friday. But, as already mentioned in the introduction, there are Christians who w

  • lack laundering - how it works 03-19

    In a short time, the laundry can be smoothed using an ironing machine. To mangle your laundry properly Your laundry will be smoothed with a deficiency under high pressure and with heat by a roller. It is therefore important that the laundry is as smo

  • Clothesline - so hang laundering wrinkle free at 03-17

    Laundry drying on the clothesline for free. Dry the laundry on the clothesline conscious If you dry your clothes on a clothesline instead of in a dryer, you help the environment and your wallet something good. If you hang the laundry neatly, you will

  • AEG Lavamat 6485: program abortion - so you stop the machine 01-09

    Sometimes the machine must be stopped for a short time. As with many large electrical devices, it is also at the AEG Lavamat 6485 often so that the user is currently located somewhere where you do not expect. And the most at the moment where they are

  • Hair discolor - tips to make it succeed 03-24

    never Hair experiments regret! Almost everyone has a gone wrong Färbeexperiment behind or came from unhappy hairdresser home. But you need to color the hair neither neither new, nor suffer until the unloved color is outgrown. Just follow these simple

  • "3000 euros gross and more" - so you can see the seriousness of vacancies 04-02

    With reputable career opportunities to learn your boss in person. Even if you are not searching for a job, you will be covered via email with offers. Here are invitations to surveys, sales and marketing activities and also hidden deals for participat

  • Famous Gangster - Find out more about Al Capone 04-24

    With style and charm - the famous gangster Al Capone had two faces. What made Al Capone's famous gangster? - His life Birth 1899, Alphonse 'Al' Capone grew up in a large family, the son of Italian immigrants. Athletic, thirsty for knowledge and as in

  • Home remedy for welding laundry - so you can remove the smell 04-27

    When welding laundering simple washing often is not enough. How to proceed against sweat wash An effective home remedy for salt stains and tight sweat odor is soaking the sweat clothes in vinegar water. You should proceed as follows: Enter three lite

  • Purchase contract for apartment sales - it CONSIDERATIONS 05-06

    Flats do not sell overnight. Rainer Sturm / Pixelio If you are planning a home sale, you need to notarize the deed notarized. The in movies often practiced handshake or privately written contract is not enough. Only the notary can submit applications

  • Remittances make to Austria - so you get it right 05-19

    Transfers abroad are not complicated. to do Before Transfer Before you make a transfer to Austria online or by referral, the following tasks must be performed by you: The receiver of the monetary amount IBAN and SWIFT or BIC are to learn together wit

  • Padded panties - so you cheat successfully 07-16

    Use of underwear can cheat the Po crisp. Padded Panties lift in women the Po, in men produce the step and let both look bigger. You can buy such underwear in lingerie shops or on the Internet, but they can also do it yourself. If you want to stand di

  • Knitting instructions for spiral socks - they are colorful 07-19

    Colorful strips for hand-knitted socks. This knitting instructions for colorful spiral socks you can knit your stockings from now itself. Casting on the spiral socks Beat for Strickanleitung on four needles of a needle size of 16 mesh to. Close that

  • kill mites with frost - so it is possible 07-20

    This mite is called "Red velvet mite". Mites are not always the same dust mites Mites can transmit diseases, which are collectively referred to as "Acariose". Specifically, the house dust mite repels precipitates that leads some people

  • Laundry between the years - so you go with the custom to 08-25

    Give the myth faith? Never wash laundry between the years? Between Christmas and 6 January, the day of the Magi, the nights are also called Raunächte. According to mythology, then open the door to the spirit world, in the souls of the dead wander and

  • Velvet wash - you should consider 09-03

    Velvet may be washed carefully. schneiderlein2808 / Pixelio Velvet - a special substance Velvet is often used if it should be elegant. Velvet is a fabric which is woven in a special way, so that later on the outside of loops are formed, which are the

  • Fabric softener in the dryer? - Find out more 09-29

    Dryers are practical and fast. The advantages and disadvantages of softeners Often softener is added to the wash cycle due to its pleasant odor. If you dry the laundry after washing on the line, you will smell freshly washed laundry obtained by the s

  • Mohair sweater wash - so it is possible 11-20

    Mohair wool is a natural product. Mohair is nice soft and fluffy, but also very delicate. But with proper washing remains your sweater always nice and soft and in shape. Maintain mohair sweater properly Mohair is long, soft and above all very fine fi

  • Wäschezeichen - "no spin" so you can recognize 11-29

    Some material may not be thrown. Wäschezeichen hot correctly laundry symbol To anticipate the same: There is no washing sign that you "do not spin" announces. But that's why you need not despair because there is a clear path that opens up that p

  • Border controls Switzerland - What to expect at the border crossing 12-11

    Free travel in the Swiss winter sports centers. Switzerland is since the 12.12.2008 the so-called "Schengen area". Linked to this is the free ride at all Swiss border crossings for you. Cross the border into Switzerland without systematic checks