Which of the Following Is True About Money Laundering

Which of the following is true about money laundering?

A) The primary difficulty with money laundering activities is that money laundering is not itself illegal.
B) Although illegal, the penalties for money laundering are too small to be an effective deterrent.
C) Money laundering is a federal crime and can carry fines up to $500,000 or more, depending on the amount of money laundered.
D) One difficulty with prosecuting for money laundering is that lenient laws in some states allow those states to function as money laundering havens.
E) Money laundering is a crime primarily because it results in degradation of U.S. currency.