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This presentation includes the answers to the question, like why there is need for online money transfer. It also includes various tips that one must consider while transferring money online. Read this presentation for information
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Money laundering in California is defined as the transfer of money obtained through illegal activity to legitimate banks or outlets. If you knowingly make a deposit, withdraw money, initiate an electronic or wire transfer, exchange money into a foreign currency, write a check or benefit from illegal activity involving money laundering, you may be charged with money laundering in California. According to Matt Horeczko, depending on the nature of the crime, the amount of the transaction, and the duration of the crime, money laundering may be classified as a federal crime or a misdemeanor.
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Presented by: ATTY. RICHARD DAVID C. FUNK II Under the AMLA, money laundering is a crime whereby the proceeds of an unlawful activity are transacted, thereby ...
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