knowing that the property involved in a financial transaction represents the proceeds of some form of unlawful activity

(1)the term “knowing that the property involved in a financial transaction represents the proceeds of some form of unlawful activity” means that the person knew the property involved in the transaction represented proceeds from some form, though not necessarily which form, of activity that constitutes a felony under State, Federal, or foreign law, regardless of whether or not such activity is specified in paragraph (7);

Source

18 USC § 1956(c)(1)


Scoping language

As used in this section
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