US v. SCIALABBA, 01-1291, 01-1292
Under the money laundering statute, 18 U.S.C. section 1956(a)(1), "proceeds" must be deemed net income, at least when the crime entails voluntary, business-like operations.
- Argued 01/15/2002
- Decided 02/28/2002
- Published 02/28/2002
- EASTERBROOK, Circuit Judge., Before FLAUM, Chief Judge, and COFFEY and EASTERBROOK, Circuit Judges.
- United States Seventh Circuit
- For Appellees:
- Stephen D. Anderson (argued), Office of the U.S. Atty., Chicago, IL, for Plaintiff-Appellee., Marc W. Martin, Chicago, IL, Alexander M. Salerno (argued), Berwyn, IL, for Defendants-Appellants.