Evolution of Money Laundering Statutes and Investigations

This chapter traces the challenges and developments in prosecuting money laundering cases before and after the establishment of federal statutes. It details experiences with corruption investigations, undercover sting operations, organized crime prosecutions, and the merging of money laundering and asset forfeiture offices. The chapter also reflects on the impact of anti-drug laws and regulatory changes like the requirement for filing suspicious activity reports, as well as the evolution in combating financial crimes post-9/11.