launder into

The remaining 78 per cent was poached and laundered into the system.

And often, the money from the fraud ends up being laundered into overseas bank accounts.

The reservoir was built in 1785, and water passed through a cast iron launder into the mill.

"The mistake is to separate tax evasion, banking secrecy and money laundering into separate categories," she said.

Under the terms of a favorable tax treaty, corporate profits earned in the United States can be shipped there and essentially laundered into deductible expenses.

The new law will put money laundering into Luxembourg's penal code for the first time and impose penalties comparable to those for drug traffickers on those found handling cash earned from illegal activities.

Federal officials have developed a plan to seize financial assets laundered into the United States by foreign leaders whom they suspect of public corruption, with a jailed former president of Nicaragua as the first target.

Money laundered into American financial institutions by corrupt foreign leaders totals as much as $2 billion by some estimates, as they "park" their money in American banks, real estate holdings, securities and even insurance policies.

T-shirts made by Rogan, $60, are laundered into a suedelike nap, their slogans ("Keep New York City," "You Won't Belize Your Eyes") faded just to the brink of erasure.

Moves by the Government to incorporate the EC directive on money laundering into UK law at the earliest opportunity have received strong support from the Institute's Financial Reporting and Auditing Group.

The current directive on money laundering is clearly ineffective given the scale of this drug problem in the cities mentioned and in other areas and also the ease with which the proceeds appear to be laundered into legitimate businesses.

House and Senate investigators, examining how overseas money was laundered into President Clinton's re-election campaign, have unearthed evidence that a Macao developer entered the United States at least six times carrying large sums of cash, Congressional officials said today.

We are dealing here with foreign money laundered into our campaigns; with the systematic subversion of Federal election laws directed from the Oval Office, and its cover-up; with contributions that purchased White House access that in turn contributed to changes in foreign policy.

With dispassionate thoroughness, an F.B.I. agent named Jerome Campane yesterday gave the Senate committee investigating campaign spending abuses the most detailed and easily the most arresting description so far of how foreign money was laundered into the 1994 elections and Bill Clinton's re-election campaign.