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Old Jan 10, 2017 | 7:42 am
  #52  
shitrus
 
Join Date: Mar 2015
Location: Cincinnati
Programs: AA, Hyatt
Posts: 371
Originally Posted by acarney
So I'm curious. If the money orders are for legit things, say paying a personal loan that only accepts checks, electronic funds transfers, and money orders, would there be ANY worry of money laundering?
Let me stop you right there and explain to you what money laundering is.

monˇey launˇderˇing
noun
noun: money laundering; noun: moneylaundering
the concealment of the origins of illegally obtained money, typically by means of transfers involving foreign banks or legitimate businesses.
"he was convicted of money laundering and tax evasion"

Is your money illegally obtained?

If the answer is no, you have absolutely no worry of money laundering.

Also, there is no such thing as "legal money laundering." Money laundering is inherently illegal. There is no such thing as a legal illegal thing.
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