What Defines a Money Laundering Offense?

A person shall be guilty of the offence of money laundering if they are found to have directly or indirectly attempted to engage in, knowingly assisted with, or knowingly participated in any of the following processes or activities related to the proceeds of crime:


  1. Concealment
  2. Possession
  3. Acquisition
  4. Use
  5. Projecting the proceeds as untainted property or
  6. Claiming the proceeds as untainted property in any manner whatsoever.


The process or activity involving the proceeds of crime is a continuing offence and persists as long as the person directly or indirectly benefits from the proceeds through concealment, possession, acquisition, use, or by projecting or claiming it as untainted property in any form.

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