The crime of money laundering is committed by one who exchanges monetary instruments,knowing that they are the proceeds of crime,for other monetary instruments or equivalent property with intent to conceal the nature,location,source,ownership,or control of the proceeds or to promote criminal conduct

Question

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This statement accurately describes the crime of money laundering. It involves exchanging money that was obtained through criminal activity in order to conceal its origin or ownership. This is a serious offense that can result in significant legal consequences for those who are found guilty.

The Crime of Money Laundering Is Committed by One Who